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Question: My brother in India wants to take a loan for his business against the security of gold belonging to the family. Are there any rules or guidelines for determining the amount of loan which ...
Gold loan: How it works and what borrowers must know Gold loans in India allow leveraging the value of jewelry for quick funding without selling it. Recent RBI directives aim to enhance ...
New rules from India's central bank will make lenders in the booming gold loan market overhaul their underwriting practices and brace for higher near-term costs, S&P Global Ratings said in a note ...
New Delhi, June 19 (IANS) The RBI's latest directions on gold loans will change India's landscape for this booming lending segment with lenders nimbl ...
Augusta Gold (TSX: G) has received a letter from the Export-Import Bank of the United States (EXIM) expressing its interest in providing a loan of up to $50 million for the company’s Reward ...
RBI’s New Gold Loan Rules: The objective is to mitigate volatility risk inherent to such products. However, excluding gold bars, gold and silver ETFs and mutual fund units as collateral may ...
This summer, more UAE residents turn to gold loans for short-term funding needs Dubai: For a fourth consecutive day, the Dubai gold rate has more or less remained unchanged at just over Dh369 a ...
The Reserve Bank of India (RBI) has raised the Loan-to-Value (LTV) ratio for loan against gold and silver to 85% for loans up to Rs 2.5 lakh. This is part of RBI’s new comprehensive set of rules ...
RBI's new gold loan guidelines enhance transparency, protect consumers, and promote ethical practices in the lending industry.
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 ...
RBI draft directions on gold loans aim to harmonize regulations, protect borrowers, enhance transparency, and reduce re-pledging.
Minister for Cooperation K R Periyakaruppan said the PACCS are not regulated by the RBI and therefore are not subject to the proposed gold loan guidelines.
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