The Reserve Bank of India (RBI) has issued a new draft regarding gold loan, which aims to make the rules uniform, transparent and safe. RBI has maintained the ban on giving loans on raw gold (such ...

Depending on the type of gold you’re holding, you may need to have 10-karat, 14-karat, 18-karat, 22-karat or 24-karat gold in order to secure a loan. IRS-approved gold coins, such as American ...

Gold loan draft rules: RBI has issued a draft for uniform guidelines on gold loans across banks and NBFCs. These proposals can impact how you take the gold loan once it is implemented as written.

India-Business News: MUMBAI: RBI has moved to tighten oversight of gold-backed lending. In draft guidelines released on April 3, the central bank proposed a uniform cap on.

The wealth of M. G. George Muthoot, chairman of gold-backed lending firm Muthoot Finance, rose by $1.75 billion thanks to a stock price rise of more than 60% since the last list.

Google is leveraging India’s deep-rooted affinity for gold to expand its reach in the lending market of the world’s most populous nation.. The company said on Thursday that Google Pay has ...