India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
Global uncertainties impact gold loan prices; so CSB will remain cautiousIn light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lendin...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
Gold loan NBFCs have enough buffer for now — but a second 15% price drop would test them: Fitch RatingsGold prices have dropped over 15%, but India's gold loan NBFCs remain stable due to strong collateral buffers. Fitch Ratings notes that a f...
RBI allows SFBs to lend to MIs, sets fresh LTV ratio normsThe Reserve Bank of India has permitted small finance banks to extend credit to capital market intermediaries. New loan-to-value ratio guid...
Shapoorji Pallonji seeks bondholder nod for LTV relief on earlier NCDsIn light of recent geopolitical unrest, the Shapoorji Pallonji Group is reaching out to bondholders for consent to adjust a crucial loan-to...
Buying a car? Find out how much car loan to take using the 20/10/4 ruleFinancial institutions typically extend car loans for up to 80% of the on-road price of a car, with some lenders offering 100% coverage. Th...
RBI relaxes LTV rules to make home loans taken till March 2022 cheaperA loan-to-value (LTV) ratio compares the amount of a loan you will borrow against the total value of the property you want to buy. Lenders ...
Increase in gold loan LTV will heighten credit risks for banks: ReportThe RBI had on Thursday increased the LTV ratio for gold loans by banks to 90 per cent from the earlier 75 per cent, in a bid to make money...
NHB amends rules: Home loan finance companies likely to cut interest ratesThe National Housing Board (NHB) has amended its risk weightage rules for loans given by HFCs thereby increasing the funds available with t...
RBI Policy: LTV relaxed, home loans to get cheaperFor loans above Rs 75 lakh, with LTV ratio of above 75%, risk weight is reduced by 25% to 50%. Standard asset provision for all individual ...
Smart things to know about Loan to Value ratioLTV is a risk assessment ratio that is used to manage risks associated with lending against an asset. It refers to the percentage of the va...
RBI's new norms on individual housing loans to provide fillip to housing loan market: BofA-ML"This is likely to help the banks to price housing loans better. It will provide upside to our expected home loan growth of 18-20%" ."
Large NBFCs to maintain 50% LTV ratio for loan against sharesThe RBI said LTV ratio of 50 per cent has to be maintained at all times by the NBFCs with an asset size of Rs 100 crore and above.
RBI draft report recommendation to enhance loan to value ratio from 60% to 75% will enable us to improve our business: Gold loan companiesThe step was to ensure a level-playing field withthe banks which were lending at 60% LTV ratio as against 80% or 85% at higher interest rat...
- Gold loan firms rally on hopes of higher LTV ratio; Muthoot hits 52-week high
Gold loan firms surged over 15% after the RBI report proposed increasing the LTV ratio to 75% from 60% currently.