Reserve Bank of India (RBI) plans to ask banking lenders to follow stricter underwriting processes for gold loans and monitor ... of the loaned money through receipts. Also Read: RBI to conduct ...
MUMBAI/NEW DELHI, March 6 (Reuters) - India's central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor ... money through receipts, a second industry ...
Adjustment in weight was made for the lower purity of the tendered gold. The centre, after assaying and melting the gold tendered, issued deposit receipts ... a loan, they can approach a bank ...
Axis Bank Gold Loan 17% p.a. onwards ₹25,001 to ₹25 lakh HDFC Gold Loan 9.30% p.a. to 17.88% p.a. ₹25,000 onwards Canara Bank Gold Loan 9.25% p.a. (MCLR) ₹5,000 to ₹35 lakh Muthoot Gold Loan 10.90% ...
Gold Loans: India's central bank plans to enforce stricter underwriting processes ... including for gold auctions and monitoring use of the loaned money through receipts, a second industry source said ...
India’s equity benchmarks ended nearly flat on Tuesday, pausing after a six-session rally that erased their 2025 losses, as ...
In India, the world's second-largest gold consumer, gold is traditionally bought for festivals and weddings, and with prices at record highs, gold loans have become an increasingly popular option. ET ...
Of the top 10 economies in the world by measure of gross domestic product (GDP), 2024 World Bank data showed that ... We forecast loan receipts of $158.4 billion and we expect to pay the ...
To take a car loan, you can also take a loan from the country's government bank Canara Bank. Canara Bank offers car loans to ...
Bengaluru-based public sector bank Canara Bank has announced the appointment of S K Majumdar as Executive Director of the bank. Prior to this elevation, Majumdar served as the CFO with the bank.
Credit extended to borrowers for loans against gold jewellery rose sharply in February 2025, coinciding with a record rise in gold prices, with gold loan portfolio at the end of the month rising ...