The Reserve Bank of India is tightening the rules for gold loans due to concerns like lack of transparency and improper risk ...

Gold loans have been rising by 50 per cent since September, sharply outpacing the growth in overall loans in India, bolstered ...

In September, the RBI had revealed that it had unearthed several irregular practices in the gold loan industry. The regulator ...

One of the sources who is aware of the central bank's consideration, said, “The RBI wants to ensure that the entities are ...

The RBI wants banks and non-banking financial companies (NBFCs) to conduct deeper background checks on borrowers and verify ...

Use your gold as a collateral on a loan. Since your gold acts to secure the loan, you’re more likely to qualify for a loan — even if you have a less-than-perfect credit score. A gold loan is a ...

The loan tenure for gold loans usually ranges from a few months to three years. (Image: Financial Express) Gold is a valuable asset that can help you secure a loan in times of financial need.

This sharp increase has been attributed to stricter regulations on unsecured loans, making gold-backed borrowing a more ...

India's central bank plans to enforce stricter underwriting processes for gold loans, ensuring ethical business practices and ...

Whether for handling unexpected expenses, funding business growth, or making strategic investments, a gold loan provides a quick and secure financing option. With fluctuating gold prices ...

RBI wants banks and non-banks to also bolster background checks on borrowers and ascertain the ownership of the gold that is being mortgaged, the report said Loan against gold jewellery saw ...