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MUMBAI, April 9 (Reuters) - India's central bank on Wednesday proposed stricter guidelines for lenders disbursing gold-secured loans, aiming to enhance underwriting processes, improve collateral ...
Check repayment options: Flexible repayment plans ... a part of their loan and retrieve a portion of their gold jewellery before the loan term ends. Eligibility criteria: Indian citizens ...
CHENNAI: The new strict guidelines of Reserve Bank of India (RBI) for gold loans have led private and nationalised banks, co-operative banks and Non-Banking Financial Companies (NBFCs) to adopt ...
exhibiting robust faith in the fintech company’s expansion plan. The alliance focuses on integrating BankBazaar’s digital platform with the gold loan acumen of Muthoot FinCorp to offer instant ...
Currently, 933 branches under 23 Central Cooperative Banks and 55 branches of the Tamil Nadu State Apex Cooperative Bank fall under RBI regulations and must follow the new gold loan norms.
The Reserve Bank of India (RBI) announced the plan of new rules for gold loans, after which there has been a stir in major gold loan companies Manappuram Finance and Muthoot Finance etc.
India’s National Bank for ... through loans and bonds this financial year, according to people familiar with the matter. Initially, the state-owned infrastructure lender plans to raise at ...
With its foray into gold loans, BankBazaar would now be locking horns with the likes of Jar, Gullak and Rupeek in the Indian lending tech space, expected to become a 1.3 Tn opportunity by 2030.
At maturity, the depositor had the option to seek the return of principal (which was denominated in gold) either as gold or in Indian ... they need a loan, they can approach a bank or an NBFC ...
Shares of select gold finance companies fell sharply on Wednesday after the Reserve Bank of India (RBI) said it will soon come out with comprehensive guidelines on gold loans. "Loans against the ...