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 ...

Gold loan stocks give a thumbs up to RBI announcement Following the announcement, the gold loan stocks surged. The share price of IIFL Finance rose 5.4% to an intra-day high of Rs 452.45.

Gold loan rules relaxed: RBI raises LTV limit to 85% for loans up to Rs 2.5 lakh – What it means for borrowers Earlier in April, the central bank had flagged several issues during a joint ...

RBI norms add glitter to gold loans For gold loans of up to ₹2.5 lakh, lenders need not seek a detailed assessment of the borrower’s repayment capacity or credit history By Venkatasubramanian K ...

Financial Literacy News: RBI Governor Sanjay Malhotra clarified that small gold loans up to Rs 2.5 lakh will not require credit appraisal, with final guidelines expected soon.

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’s new “Lending Against Gold and Silver Collateral Directions, 2025” will significantly benefit small-ticket borrowers as it allows a maximum LTV (loan-to-value) ratio of 85 per cent for ...

On 6 June the Reserve Bank of India released its final guidelines on loans against gold and silver collateral. Based on feedback from the industry and the government’s department of financial ...

Capri Global Capital's shares surged nearly 12% after launching an Auto Pay feature for gold loans, enhancing customer convenience. This initiative is part of their digital transformation strategy ...

Capri Global has also strengthened its digital services with a 'Smart Auto Pay' facility for gold loans, which it said is designed to make gold loan repayments more convenient and hassle-free.

RBI to raise gold lending LTV to 85% for loans under Rs 2.5 lakh, says Sanjay Malhotra A few months ago, the RBI had come out with a draft on gold lending, and Malhotra made it clear that the draft is ...

Gold loan NBFCs rallied on June 9 after the RBI released final guidelines raising the loan-to-value ratio to 85 percent for loans up to Rs 2.5 lakh.