NSE urges investors to buy gold-backed EGRs this Dhanteras, sees $5–6 billion import savings

Published 07 Nov 2026, 06:42 IST

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center · 1 outlet

The National Stock Exchange (NSE) has urged investors to purchase Electronic Gold Receipts (EGRs) instead of physical gold this Dhanteras, adding India could avoid gold imports worth USD 5–6 billion annually if gold funds held NSE EGRs and lent half of their combined 116-tonne gold holdings.

— The Tribune
right · 1 outlet

The exchange is seeking to bring domestically recycled gold and household holdings into the formal financial system through electronic receipts

— The Hindu BusinessLine

RSS excerpt

The exchange is seeking to bring domestically recycled gold and household holdings into the formal financial system through electronic receipts

Coverage arrived over 12 hours — first from The Tribune, latest from The Hindu BusinessLine.

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The Hindu BusinessLine Center-Right The Hindu Group (Kasturi & Sons) Current article 07 Nov 2026, 06:42 IST

NSE urges investors to buy gold-backed EGRs this Dhanteras, sees $5–6 billion import savings

The exchange is seeking to bring domestically recycled gold and household holdings into the formal financial system through electronic receipts

Read full article at The Hindu BusinessLine ↗

The Tribune Center The Tribune Trust 06 Nov 2026, 17:43 IST

NSE pushes gold-backed EGRs on Dhanteras, sees potential to cut imports by USD 5–6 billion annually

The National Stock Exchange (NSE) has urged investors to purchase Electronic Gold Receipts (EGRs) instead of physical gold this Dhanteras, adding India could avoid gold imports worth USD 5–6 billion annually if gold funds held NSE EGRs and lent half of their combined 116-tonne gold holdings.

Compare on Varta → Read at The Tribune ↗