MMTC will enter into an agreement with the State Bank of India (SBI) to sell government-minted ‘Indian Gold Coin’. The state-run bullion trader, which has already tied up with over half a dozen banks, has so far sold one lakh pieces of ‘Indian Gold Coin’ and has set a target of selling 5 lakhs units in the next few years. The coin is available in denominations of 5gm, 10gm and 20 gm bar.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India. With its comprehensive infrastructural expertise to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of regional and port offices in India, as well as international subsidiary.
