Banks have been advised not to grant advance for purchase of gold in any form. This is to bring down the gold prices. Finance Minister P. Chidambaram informed the Lok Sabha today that the Reserve Bank has asked the banks to introduce the modified gold deposits scheme. The jewelers will keep getting their genuine working capital requirements from the banks. Mr. Chidambaram informed the members that the Customs Department seized over 174 kilograms of gold valued at 51 crore rupees at the international borders during the last eleven months.All Customs offices have been asked to prevent smuggling of gold into the country, he said.