The Traderszone Network

Published in TZ Latest News 12 August, 2014 by The TZ Newswire Staff

How Can the State Bank of India Pay Interest in Gold?

by Keith Weiner

 

An article caught my eye this week. The Tirumala Tirupati Temple in India has deposited gold at the State Bank of India, and is getting paid interest on their deposit. There is something unique about this. The interest is paid in gold.

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