RBI's move on 90 per cent LTV on gold loans to heighten credit risk for banks: Brickwork Ratings

Aug 07, 2020

Mumbai (Maharashtra) [India], August 7 : Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for...

Faced with RBI audit, IIFL Finance delays Board meet for earnings release

May 28, 2024

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its...

Reserve Bank bars IIFL Finance from sanctioning new gold loans

Mar 04, 2024

The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans or assigning, securitising, or selling...

Gold loan relaxation of LTV norms to limit exposure appetite of banks: Ind-Ra

Aug 13, 2020

Mumbai (Maharashtra) [India], Aug 13 : Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's...

Get a Bajaj Finserv gold loan at interest rates starting just 0.83 per cent per month

Mar 09, 2023

Pune (Maharashtra) [India], March 9 (ANI/NewsVoir): To help borrowers get a loan against their gold jewellery, Bajaj Finserv offers gold loans starting just 0.83...

RBI finds irregular practices in loans against pledge of gold ornaments, entities advised to review policy

Sep 30, 2024

RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some entities. It has thus advised...