Hosted on MSN
New gold loan rules on cards: RBI proposes stricter norms, including monitoring use of funds
The Reserve Bank of India on April 9 unveiled a new set of stricter regulations for financial institutions that give gold loans, which are basically loans secured by gold. The move RBI has proposed is ...
Banks will soon be able to extend gold metal loans (GML) to a broader segment of jewellers, including those who do not manufacture jewellery themselves, under new guidelines released by the Reserve ...
The interest rate is one of the main reasons people consider a gold loan. As it is a secured loan on your gold, lenders charge lower rates compared to personal loans. Since personal loans are ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The State Bank of India, popularly ...
Muthoot Finance doubled its annual gold loan growth guidance to 30–35% after a strong second quarter that saw gold loan AUM jump 45% year-on-year to a record ₹1.25 lakh crore. MD George Alexander ...
In a separate press release, the RBI said the papers involved in the first OMO tranche range from 2029 to 2053. The OMO auctions will be held on December 29, January 5, January 12, and January 22.
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels Gold loans are secured loans ...
Gold loans have emerged as one of India’s fastest-growing retail credit segments, with outstanding loans against gold jewellery surging 128.5% year-on-year to Rs 3.38 lakh crore in October 2025, ...
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 ...
Asianet Newsable on MSN
PSU banks dominate gold loan market, NBFCs lead in borrower volume
PSU banks now hold nearly 60% of India's gold loan market value, focusing on high-value loans. In contrast, NBFCs lead in ...
A Gold Loan is one of the fastest ways to raise cash by pledging gold jewellery or coins. But the interest rate you pay can vary widely. Understanding what drives gold loan interest rates will help ...
Strong gold prices have further boosted loan eligibility. India's gold loan industry is poised for major expansion as non-bank lenders prepare to add nearly 3,000 dedicated branches over the next year ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results