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Plan to tap India's gold hoard falls short: refiner

Wednesday, August 12, 2015 - 05:50

Mumbai

PRIME Minister Narendra Modi's draft plan to tap India's gold hoard and cut its reliance on imports needs more work to get banks involved, according to the chief of the country's biggest refiner.

An estimated 20,000 tonnes or more of bullion is stashed in India's homes and