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SBI to launch Swarna Gruha

Last Updated 16 November 2010, 15:44 IST

 It will sell gold coins in denominations from  2 to  50 gms and gold loans against pledge of gold ornaments at interest rate of 8.50pc. It will accept gold deposits from individuals, temples and trusts with minimum deposit of 500 gms for three to five years.

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(Published 16 November 2010, 15:44 IST)

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