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RBI Relaxes Gold Loan Rules for Small Borrowers: Details Inside

RBI Relaxes Gold Loan Rules for Small Borrowers: Details Inside

Gold Loan Rules: Following input from non-banking financial companies (NBFCs), cooperative banks, and government agencies, the Reserve Bank of India (RBI) will relax two important clauses in its proposed gold loan framework: increasing the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit appraisals, Governor Sanjay Malhotra announced on Friday. The new regulations will increase […]

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