The combined turnover of gold and silver ETFs stood at ₹428 crore on October 29 as against ₹89 crore on the eve of Dhanteras last year. While gold ETF volumes surged from ₹65 crore to ₹236 crore, silver volumes jumped from ₹23.6 crore to ₹191.6 crore. ETFs are bought and sold like listed stocks.
Citi India has capital buffer to last 2 years after retail exit: K Balasubramanian
Citigroup’s strategic shift to focus on corporate operations in India post-retail business sale to Axis Bank has yielded significant growth. The bank witnessed a substantial