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President |
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 Hon. Mr. Prithviraj Saremal Kothari (President)
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Hon. Mr. Prithviraj Saremal Kothari is a renowned name in the Gold and Silver Bullion Industry. He has been instrumental in the development of the bullion market in India.
A commerce graduate from the Mumbai University, Mr. Kothari has been in the family business of gold trading since over 27 years. As one of the promoters, he has almost single handedly steered Riddisiddhi Bullions Limited to the top 10 unlisted public companies in India in terms of sales turnover as per BS1000.
He has given some crucial advice to the Indian Government in helping them make the bullion markets more organized. He has been the pioneer in introducing 'Instant International price based INR denominated bullion trading in India'. He is also on the advisory committee of the Multi-Commodity Exchange of India (MCX) and has advised MCX and NCDEX for devising successful gold and silver contracts. In the past, as a director, he has played a crucial role in promoting BBA in the international markets. He has played a vital role in the introduction of gold ETFs in India. Under his vision, RSBL has successfully launched India's first and only electronic over the counter bullion trading system, RSBL SPOT.
He is one of the founding members and directors of the Jain International Trade Organisation (JITO), an organisation promoting trade and welfare amongst it community members. He is also the treasurer of ‘Bharat Mahamandal’.
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INR Fix |
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Indicative |
RBI |
Date / Time |
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INR-USD |
49.2350 |
49.2453 |
2012-02-22 20:37:25 |
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Latest word exchange rates |
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