Gold loan companies say asset price risks well taken care ofThe RBI raised the LTV on gold loans for banks last Thursday to 90 per cent from 75 per cent. The move is aimed at helping cash-strapped bo...
Why loan-to-value hike may destroy value of shadow lendersThe permissible loan to value ratio (LTV) for gold loans was raised to 90% from 75% in the latest RBI monetary policy, helping the cash-str...
NBFCs slash gold loan amount as price of gold heads SouthThe RBI directive capping the loan given against the value of jewellery by NBFCs at 60% came early last year.
Gold price fluctuation wont impact loan portfolios: Association of Gold Loan CompaniesThe Association Of Gold Loan Cos India said a 15-20% fluctuation in gold prices will not have any significant impact on the portfolios of g...
- Government carrying misconception on gold NBFCs: Association of Gold Loan Companies
Association of Gold Loan Companies, not comfortable with the measures undertaken by the RBI, has said government has a lot of misconception...