India Eases Gold Loan Rules & Bank Ownership

  Published 1 year ago

India's RBI will finalize relaxed gold loan regulations by Monday, particularly for smaller loans up to ₹250,000, boosting LTV ratios & easing appraisal needs. They're also reviewing bank ownership guidelines for foreign investment.

  • RBI to remove credit appraisal for small gold loans.
  • LTV ratio for small loans to rise to 85%.
  • Monitoring funds needed only for priority sector loans.

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