Versuchen GOLD - Frei

New RBI norms to hit growth of NBFCs' gold loan portfolios

The New Indian Express Jeypore

|

May 07, 2025

THE recent draft RBI directions on loans against gold collateral, aimed at harmonising the regulatory framework across regulated entities, likely to hit the growth of pure-play gold loan companies.

- ENS ECONOMIC BUREAU @ Mumbai

The draft was brought to address differences in lending practices, thus creating a level playing field and structurally strengthening the sector.

The draft directions, issued last month, come in the backdrop of the central bank in September 2024 highlighting irregular practices amid a significant rise in loan against gold portfolio of some lenders. The RBI had asked the lenders to review their policies, processes and practices to identify gaps and initiate remedial measures in a time-bound manner.

WEITERE GESCHICHTEN VON The New Indian Express Jeypore

The New Indian Express Jeypore

Eternal's Goyal, Nykaa founder Nayar in Hurun India's Top 10 'self-made' list

DEEPINDER

time to read

1 mins

December 18, 2025

The New Indian Express Jeypore

The New Indian Express Jeypore

At Alpine SG Pipers, a great team comes with caveat – 3 for Candidates

AFTER the second day of the Global Chess League on Monday, just when Alpine SG Pipers’ team bus had pulled up at the hotel to drop the players off, Fabiano Caruana and Anish Giri were sitting side by side next to the door.

time to read

2 mins

December 18, 2025

The New Indian Express Jeypore

WADA’S LATEST TESTING FIGURES SHAME INDIA... AGAIN

India has retained its number one spot in the global doping charts for 2024 per the World Anti-Doping Agency with as many as 260 adverse analytical findings

time to read

3 mins

December 18, 2025

The New Indian Express Jeypore

TELANGANA’S VISION 2047 MUST ENRICH ALL CITIZENS

HE Vision 2047 document unveiled on the final day of the Telangana Rising summit lays out a transformative blueprint for the state's future.

time to read

1 mins

December 18, 2025

The New Indian Express Jeypore

India, Ethiopia 'natural partners' in peace, security and connectivity, says PM

PRIME Minister Narendra Modi on Wednesday described India and Ethiopia as \"natural partners\" in regional peace, security and connectivity, asserting that the two countries share a vision for a world that is \"more just, more equal and more peaceful.

time to read

1 min

December 18, 2025

The New Indian Express Jeypore

51 cartons of Nehru papers sent to Sonia missing, says govt

DAYS after informing the Lok Sabha that no documents related to India's first Prime Minister Jawaharlal Nehru were missing from the Prime Ministers' Museum and Library (PMML), the culture ministry on Wednesday clarified that 51 cartons of Nehru papers had been sent to Congress leader Sonia Gandhi in 2008, and were therefore not untraceable.

time to read

1 mins

December 18, 2025

The New Indian Express Jeypore

Panic grips Gujarat as 19 schools get bomb threats, students and teachers safe

A wave of bomb threats sent by email jolted Gujarat on Wednesday, putting at least 19 prominent schools in Ahmedabad, Gandhinagar and Kalol on high alert.

time to read

1 min

December 18, 2025

The New Indian Express Jeypore

BJP & Cong spar over court order in National Herald case

Political vendetta: Kharge

time to read

1 mins

December 18, 2025

The New Indian Express Jeypore

Ratle power project in J&K set to face 2-yr delay

THE hopes of relief from power outages in electricity-deficit Jammu and Kashmir have dimmed as the 850-MW Ratle hydroelectric power project in Kishtwar district is set to face a delay of more than two years in its commissioning.

time to read

2 mins

December 18, 2025

The New Indian Express Jeypore

The New Indian Express Jeypore

Pak extends airspace ban for Indian planes, Delhi likely to reciprocate

AFTER closing its airspace to India's airlines in April following the Pahalgam attack, Pakistan on Wednesday extended the ban by another month till January 23.

time to read

1 min

December 18, 2025

Listen

Translate

Share

-
+

Change font size