Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Reserve Bank issues draft regulation for gold loans
The New Indian Express Vijayawada
|April 10, 2025
THE Reserve Bank on Wednesday issued draft regulation for loan against gold ornaments as collateral.
This was announced in the MPC briefing to move towards a more 'principle-based and harmonised regulatory framework', so as to address conduct-related gaps among lenders.
The regulatory objectives behind these revised directions are to put in place a harmonised regulatory framework for such loans applicable across various regulated entities, and to address concerns over some of the lending practices being followed. The RBI draft further said that another objective is to strengthen the conduct-related aspects for the lenders.
This story is from the April 10, 2025 edition of The New Indian Express Vijayawada.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Vijayawada
The New Indian Express Vijayawada
Dhankhar chooses RSS platform for first public appearance after quitting
IN his first public address since his surprise resignation as the vice-president in July, Jagdeep Dhankhar made a cryptic reference about his recent past.
1 mins
November 22, 2025
The New Indian Express Vijayawada
ED crackdown on coal mafia, raids 40 locations in J’khand and Beng
THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.
1 mins
November 22, 2025
The New Indian Express Vijayawada
Chess WC: Semifinal ties in balance after Game 1
CHINA'S GM Wei Yi and Uzbekistan’s Nodirbek Yakubboev could not breach the defences of their respective opponents with white pieces as both the semifinals of the World Cup 2025 end in draws on Friday.
1 min
November 22, 2025
The New Indian Express Vijayawada
SC seeks EC's reply on fresh SIR pleas
ALSO IN TOP COURT
2 mins
November 22, 2025
The New Indian Express Vijayawada
Teacher dies by suicide due to 'SIR workload'
A 40-year-old teacher and Booth Level Officer (BLO) Arvind Mulji Vadher died by suicide in his native Devli village of Gir Somnath district on Friday, leaving behind a devastating note that directly blamed the crushing workload of SIR (Special Intensive Revision) and rising mental stress.
1 min
November 22, 2025
The New Indian Express Vijayawada
Pak recalibrates Af policy, claims it has adopted wait and watch approach
IN a significant shift, Pakistan appears to have finally recalibrated its Afghan policy, moving away from any notion of appeasing the Afghan Taliban and, instead, follow a ‘waiting game’ to unravel things there.
1 min
November 22, 2025
The New Indian Express Vijayawada
Students abducted from Nigeria school, second time in a week
ARMED gang members kidnapped pupils and teachers from a Catholic school in central Nigeria, officials said on Friday, in the second such incident in less than a week.
1 mins
November 22, 2025
The New Indian Express Vijayawada
Are tigers trying to reclaim their territory in Karnataka?
HERE has been a sudden spurt in tiger attacks on humans in Bandipur National Park and BRT Wildlife Sanctuaries in Chamrajanagar and Mysore districts of Karnataka.
3 mins
November 22, 2025
The New Indian Express Vijayawada
LEX HAS ALWAYS BEEN A FLEX
T is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.
3 mins
November 22, 2025
The New Indian Express Vijayawada
Manipur Sangai Festival begins amid protest
THE Sangai Festival in Manipur began on Friday amid a protest even as the state’s Rajya Sabha member and titular king Leishemba Sanajaoba accused an IPS officer of barging into his residential compound, a charge dismissed by the police.
1 min
November 22, 2025
Listen
Translate
Change font size