Essayer OR - Gratuit
New RBI norms to hit growth of NBFCs' gold loan portfolios
The New Indian Express Mysuru
|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.
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.
Cette histoire est tirée de l'édition May 07, 2025 de The New Indian Express Mysuru.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The New Indian Express Mysuru
The New Indian Express Mysuru
Staying Locked-in
The Great Lock-in is shaping up to be this season's most contagious trend
2 mins
November 09, 2025
The New Indian Express Mysuru
'Cong fighting same battle that Mahatma had fought'
Priyanka claims BJP, allies resorting to 'vote theft' to stay in power
1 min
November 09, 2025
The New Indian Express Mysuru
India for faster emission cuts by developed nations
INDIA has reiterated its firm stand on climate justice and equitable global action at the COP30 Leaders' Summit in Belem, Brazil.
1 mins
November 09, 2025
The New Indian Express Mysuru
The Stillness of Kings
Chittoor Kottaram is a single-key palace where royal devotion and timeless calm still linger
2 mins
November 09, 2025
The New Indian Express Mysuru
We must create conditions for women to lead: Kris
\"IF we want to achieve our vision of Viksit Bharat, we must create the conditions for women to work, lead and thrive. To do this, we need safe, inclusive, and enabling workplaces where women can perform without fear or bias,\" said Kris Gopala-krishnan, Chairman, Axilor Ventures.
1 min
November 09, 2025
The New Indian Express Mysuru
Kerala’s first Catholic nun, Mother Eliswa, beatified
IN a long-awaited moment for the sisters of the Congregation of the Teresian Carmelites and the residents of Ochanthuruth village in Kerala's Ernakulam, thousands of faithful gathered on Saturday at the Vallarpadam Basilica to witness the beatification of Mother Eliswa, the first nun of the Catholic Church in Kerala.
1 min
November 09, 2025
The New Indian Express Mysuru
How Distance Reveals What Proximity Conceals
Last week, I interviewed Tuva Atasever, a Turkish astronaut, as part of my PhD research at Oxford. While Atasever detailed the rigorous selection and training, his tone shifted when he recalled crossing the Kármán line. He spoke with fond nostalgia about floating in microgravity, describing it as a meditative and spiritually exhilarating experience.
2 mins
November 09, 2025
The New Indian Express Mysuru
The Deadly Queue of Death and Indifference
One hundred and fourteen Indians have died this year.
3 mins
November 09, 2025
The New Indian Express Mysuru
PM to launch hydro project during 2-day Bhutan visit...
PRIME Minister Narendra Modi is set to visit Bhutan on a state visit on November 11-12, during which he will inaugurate the 1,020 MW Punatsangchhu-II Hydroelectric Project along with Bhutan king Jigme Khesar Namgyel Wangchuck.
1 min
November 09, 2025
The New Indian Express Mysuru
Let There be Light
Structural and architectural lighting have moved beyond the basic function of illumination to serve as focal points that define a space's character and mood
2 mins
November 09, 2025
Listen
Translate
Change font size