Hosted on MSN

Gold loans guidelines: FinMin urges RBI to take time on new rules implementation; Muthoot Fin, Manappuram shares rise

The Ministry of Finance on Friday said that it has recommended significant revisions to the Reserve Bank of India’s (RBI) draft directions on lending against gold collateral, including postponing the ...
Hosted on MSN

Gold loan rules: 9 proposals made by RBI in the draft guidelines and how they may impact your borrowing

The Reserve Bank of India (RBI) has issued draft guidelines outlining the procedures for banks and non-banking financial companies (NBFCs) to issue gold loans to individuals. The draft guidelines seek ...