BSE and MMTC-PAMP Partner to Expand India’s Electronic Gold Receipts Market

Exam-focused facts from the 24 October 2026 current affairs briefing.

Key facts

BSE Ltd and MMTC-PAMP India Private Ltd signed a Memorandum of Understanding to jointly develop and expand India’s Electronic Gold Receipts (EGR) market.
MMTC-PAMP is India’s only London Bullion Market Association (LBMA)-accredited gold and silver refiner.
Electronic Gold Receipts (EGRs) are SEBI-regulated, exchange-traded securities that enable investors to hold gold in dematerialised form within demat accounts.
BSE currently offers EGR contracts in denominations of 100 mg, 1 gram, and 10 grams at fineness levels of 999 and 995.
The collaboration aims to reduce India’s dependence on gold imports by mobilizing domestically held gold and improving price transparency.