Kolkata: With gold imports contributing substantially to India’s current account deficit (CAD), an RBI panel is looking into the aspects of devising some alternative routes, a top official of the central bank said today.

“Gold imports are contributing substantially to India’s current account deficit,” RBI Deputy Governor Anand Sinha said on the sidelines of an event here.

He said, “Import is one aspect and the other is bringing out the gold which is already existing in the country.