MMTC ties up with major banks to retail gold coins

Public sector major MMTC (Metals and Minerals Trading Corporation of India) has joined hands with HDFC Bank, ICICI Bank and Andhra Bank to retail gold coins with a new buyback option. Besides its own outlets across the country, MMTC has tied up with Indian Overseas Bank, Vijaya Bank, Federal Bank and YES Bank to sell gold coins in denominations of 5 gm and 10 gm coin and 20 gm bar.

So let’s discuss some questions related to this post:
Q1. Name the public sector major which has collaborated with  HDFC Bank, ICICI Bank and Andhra Bank to retail gold coins with a new buyback option?
Answer: MMTC (Metals and Minerals Trading Corporation of India)


Source – The Hindu



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