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The Reserve Bank of India (RBI) has issued a new draft framework for gold loan. These draft regulations are aimed at enhancing risk management, standardising lending practices and ensuring ...
He said, “Know your loan terms thoroughly and understand how gold price fluctuations affect your repayment. Create a realistic repayment plan that fits your budget and prioritise timely payments.” ...
Gold loan company stocks partially recovered from their earlier steep losses on Wednesday after Reserve Bank of India (RBI) Governor Sanjay Malhotra clarified that the central bank was not ...
Chennai: Considering the exuberance in the gold loan market in the past few months with the surge in gold prices, RBI plans to issue comprehensive regulations on prudential norms and ethical ...
IN A BID to temper the explosive growth in gold loans over the last 12 months, the Reserve Bank of India (RBI) on Wednesday proposed draft guidelines that barred lenders from granting advance ...
A complete guide on how to get access to funds starting from Rs. 5,000 to Rs. 2 crore with a Bajaj Finserv Gold Loan. When considering a gold loan in India, the interest rate is an important factor.
The Reserve Bank of India (RBI) today introduced draft guidelines on gold loans, tightening the compliance standards for lenders on assaying the quality of gold, monitoring end-use of funds ...
(Reuters) Mumbai: The Reserve Bank of India on Wednesday issued a draft circular proposing measures to strengthen norms for loans given against gold ornaments and jewellery. These include ...
Chennai: After having found several discrepancies in the gold lending business in an earlier review, RBI has issued a harmonised regulatory framework to provide clarity on lending practices and ...
In its draft release, the apex lender Reserve Bank of India (RBI) said that lenders should clearly segregate income-generation and consumption-led loans. Also, it added that lenders will need to check ...
A gold loan can be a practical choice in such situations. It allows you to use your gold jewellery as collateral and access funds quickly—without selling your precious ornaments. In India ...
If you're planning to take a gold loan, big changes may be on the way. On April 9, the Reserve Bank of India (RBI) released a draft regulatory framework aimed at making gold-backed loans safer and ...
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