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More than half of the RBI’s gold reserves are held overseas in secure custody with the Bank of England and the Bank of International Settlements, while approximately a third is stored domestically. 

Why was India's Gold kept in the Bank of England? RBI moves back 1 lakh KG of gold to its vault

India’s former Governor of Reserve Bank of India (RBI)  Raghuram Rajan has delivered some uncomfortable economic truths in a career spanning the International Monetary Fund and powerful positions in his native India

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Why was India's Gold kept in the Bank of England? RBI moves back 1 lakh KG of gold to its vault

Raghuram Rajan among top contenders to become Governor of Bank of England: Report