Looking for gold loan? RBI move to tighten rules may make it tougher for you. Here's why Gold loans have been rising by 50 per cent since September, sharply outpacing the growth in overall loans ...

Gold’s Gym International Inc. has been authorized to begin drawing a $20 million bankruptcy loan advanced by the majority owner of the gym chain, which has seen its revenue dry up after closing ...

Kinross Gold Corporation KGC recently announced a new $1 billion term loan. The three-year term loan will mature on Mar 7, 2025. It has a flexible repayment schedule and no mandatory amortization ...

New Delhi [India], June 19 (ANI): S&P Global Ratings anticipates that the new regulations in Gold-Backed Loans will necessitate business model adjustments for lenders, with nimble players likely ...

Using gold as security is not unusual in India, but gold-backed loans are becoming more popular with banks, which tend to consider them safer than other unsecured borrowing.

The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh, borrowers can get up to Rs 85,000 as a loan, up from Rs 75,000. The move is expected to ...

The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85% for loans under ₹2.5 lakh from the present 75%, Governor Sanjay Malhotra announced on Friday.

India's central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven ...