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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 on ...
Indian households are loading up on destructive debt such as personal, credit card and gold loans, than constructive credit, ...
MUMBAI (Reuters) -India's central bank will release final regulations for gold lending by Monday, with more relaxed norms for small-ticket lending, governor Sanjay Malhotra said on Friday. In ...
Mumbai: The Reserve Bank of India (RBI) will ease key provisions in its proposed gold loan frameworkâraising the loan-to-value (LTV) ratio and exempting small-ticket borrowers from credit ...
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.
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