In the backdrop of the Gold Monetisation Scheme, this study was aimed at understanding the role Banks, Assaying units, Refineries & Non-Banking Financial Corporations (NBFC) play and the challenges they face/foresee with regard to the business of gold and their willingness to be a part of the Scheme. In order to accomplish the objectives of this project commissioned by The Pahle India Foundation, BRIEF had drafted the research plan along with framing separate research tools for all stakeholders and conducted an expansive research canvassing key players in the financial sector including leading Banks, NBFC, Jewellers, Assaying & Hallmarking Units and Gold Refineries across India.

Basis the inputs received from all stakeholders, analysis of the data was undertaken which was consumed to draft the report. The report contains suggestions put forward by the experts, key stakeholders that were interviewed and findings were presented before the policymakers of the country.