The Reserve Bank of India (RBI) on Friday announced significant relief for small-ticket gold loan borrowers, raising the Loan-to-Value (LTV) ratio from 75 per cent to 85 per cent for loans up to ...

WARANGAL: Employees of the Warangal branch of AP Mahesh Co-operative Urban Bank Limited, also known as Mahesh Bank, were allegedly defrauded through the pledging of fake gold ornaments for loans ...

RBI draft directions on gold loans aim to harmonize regulations, protect borrowers, enhance transparency, and reduce re-pledging.

Gold loans of banks surged in FY24-25, with RBI data showing an 87.4% increase, signaling a shift in loan-seeking behavior.

Interest rates on gold loans typically start from 8.75% per annum, but this can vary widely based on the lender, loan amount, tenure, and market gold prices. Some examples: ...

Reserve Bank of India’s (RBI) proposed norms on gold lending will slow down the Rs 7.1 lakh crore (FY24) organized gold lending market with a more significant impact on shadow banks operating in ...

Features 5 Key Benefits Of Gold Loans: A Smart Choice For Quick Funds Discover why a gold loan is a reliable financial solution, allowing you to access funds of up to Rs. 2 crore to manage your ...

The Reserve Bank of India plans to implement stricter underwriting processes for gold loans, urging banks to enhance background checks on borrowers and confirm gold ownership.

The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit - especially in the unsecured ...

Learn how gold loan interest rates can impact your borrowing journey and help you meet your expenses with ease.

Gold loan interest rates: For gold loans, lenders keep your gold as collateral for the duration of the loan. Lenders charge an interest and once you repay the entire loan, they return your gold ...

To address these issues, RBI said that it had issued guidelines on September 30, 2024, urging SEs to review their policies, processes, and practices for gold loans.