Gold loans have been rising by 50 per cent since September, sharply outpacing the growth in overall loans in India, bolstered ...
The Reserve Bank of India plans to implement stricter underwriting processes for gold loans, urging banks to enhance ...
The Reserve Bank of India (RBI) is preparing to enforce stricter rules on gold loans to curb their rapid expansion. Financial ...
In September, the RBI had revealed that it had unearthed several irregular practices in the gold loan industry. The regulator ...
The Reserve Bank of India wants banks and non-banks to also bolster background checks on borrowers and ascertain the ...
India's central bank plans to enforce stricter underwriting processes for gold loans, ensuring ethical business practices and ...
On the basis of the internal auditors' report, the supervisory teams at RBI may take punitive action against non-compliant ...
Regulated by the Reserve Bank of India (RBI), these loans allow banks and Non-Banking Financial Companies (NBFCs) to lend up ...
Consumer credit exposures of commercial banks and NBFCs (excluding housing, education, vehicle loans and loans secured by ...
Congress criticizes Modi government for gold loan crisis, blaming economic mismanagement and distress lending impacting women ...
Gold loans: The Reserve Bank of India (RBI) is preparing to implement stricter underwriting standards for gold loans, urging both banks and non-bank financial institutions to enhance their ...
RBI wants banks and non-banks to also bolster background checks on borrowers and ascertain the ownership of the gold that is being mortgaged, the report said ...
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