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EGR launch unrelated to PM Modi’s call to avoid gold buying, product planned months ago: NSE’s Sriram Krishnan

NSE's Electronic Gold Receipts launch was planned months prior and unrelated to PM Modi's gold buying appeal, says Sriram Krishnan.

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thehindu.com

thehindubusinessline.com

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thehindubusinessline.comStai leggendo1 mese fa

EGR launch unrelated to PM Modi’s call to avoid gold buying, product planned months ago: NSE’s Sriram Krishnan

NSE launched Electronic Gold Receipts (EGR) in May to digitize domestic gold; targets 100-200 tonnes conversion to reduce India's 700-tonne annual imports. Market signal: India's fintech play to disintermediate gold trade, become a global price-maker, and reduce import-dependent middlemen.

originale

thehindu.com1 mese fa

NSE to operationalise EGR soon

The National Stock Exchange (NSE) is in the preparatory stage to operationalise Electronic Gold Receipt (EGR) and it will be completed in a week to 10 days, said the Chief Business Development Officer of NSE Sriram…

Timeline cronologica

sabato 6 giugno 2026·thehindu.com
NSE to operationalise EGR soon
The National Stock Exchange (NSE) is in the preparatory stage to operationalise Electronic Gold Receipt (EGR) and it will be completed in a week to 10 days, said the Chief…
domenica 7 giugno 2026·thehindubusinessline.com
EGR launch unrelated to PM Modi’s call to avoid gold buying, product planned months ago: NSE’s Sriram Krishnan
NSE's Electronic Gold Receipts launch was planned months prior and unrelated to PM Modi's gold buying appeal, says Sriram Krishnan.