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India's gold loan market is set for some significant changes with the introduction of new regulations from the Reserve Bank of India (RBI). Issued earlier this month, these rules will compel ...
Gold jewellery-backed bank loans have doubled over the past year, rising from ₹1.16 lakh crore in May 2024 to ₹2.51 lakh ...
MUMBAI, June 6 (Reuters) - India's central bank has released final regulations for gold lending and relaxed norms for small-ticket loans, a statement by the Reserve Bank of India showed on Friday.
The value of bank loans against gold jewellery in India soared over 100% within a year, from ₹1,16,777 crore in May 2024 to ₹2,51,369 crore in May 2025.
MUMBAI, May 30 (Reuters) - India's federal finance ministry has sought relaxations in the new rules on gold loans proposed by the central bank, according to a post on its official social media handle.