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SBI executes first gold trade on India’s bullion exchange, boosts MSME access
BusinessLine· 2025-11-01 23:59
State Bank of India (SBI) on Saturday announced executing its inaugural gold trade as a special category client (SCC) on the India International Bullion Exchange (IFSC) Ltd. This event heralds a transformative era for bullion imports in India, enhancing efficiency, transparency, and accessibility for the industry, particularly the MSME jewellers, SBI said in a statement. SBI was also the first bank to become a Trading-cum-Clearing (TCM) Member at India International Bullion Exchange in 2024, it said.Bank t ...