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RBI has released draft guidelines for gold loans to enhance risk management and standardise lending practices.
It’s really amazing watching the price of gold fluctuate so much," said Les Gold, president of American Jewelry and Loan. At ...
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Newspoint on MSNRBI New Gold Loan Rules: Turmoil in the gold loan sector due to the sound of new rules, panic in Manappuram-Muthoot!The Reserve Bank of India (RBI) announced the plan of new rules for gold loans, after which there has been a stir in major ...
Assets need use cases. Those without practical utility rarely retain long-term value. Gold does have use cases, most importantly, as the currency of war.
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