Poging GOUD - Vrij
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.
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.
Dit verhaal komt uit de May 07, 2025-editie van The New Indian Express Jeypore.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Jeypore
The New Indian Express Jeypore
Literature Nobel for master of the 'long-form'
LASZLO Krasznahorkai, a Hungarian novelist known for protracted sentences — some of which run into hundreds of pages — and whom a fellow writer termed “master of the apocalypse”, was awarded the Nobel Prize for literature on Thursday.
1 min
October 10, 2025
The New Indian Express Jeypore
30 Japanese cos to invest in Guj to support 4 chip plants
THE four upcoming semiconductor projects in Gujarat are already attracting investments from ancillary and component manufacturers to support the sector in the state, Minister for Electronics and IT (MeitY), Ashwini Vaishnaw, said here on Thursday.
1 min
October 10, 2025
The New Indian Express Jeypore
LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.
1 mins
October 10, 2025
The New Indian Express Jeypore
NTA may allot exam centres based on Aadhaar to curb malpractices
FROM the coming academic year, candidates aspiring to take up the competitive exams conducted by the National Testing Agency are likely to be allotted centres based on the Address in their Aadhaar card.
1 mins
October 10, 2025
The New Indian Express Jeypore
A HIMALAYAN LEAP BEYOND 3 Ts
NDUSTRIALIST Harsh Goenka posted on social media that, as a patriot, he was utterly confused.
3 mins
October 10, 2025
The New Indian Express Jeypore
With $105 bn, Ambani remains No. 1 in Forbes rich list, Gautam Adani at No. 2
MUKESH AMBANI, chairman and MD of oil-to-telecom behemoth Reliance Industries, has retained the top position in the Forbes India's 100 people richest list for 2025.
1 min
October 10, 2025
The New Indian Express Jeypore
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Jeypore
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
The New Indian Express Jeypore
Full freedom to forces against terror in J&K: Shah
UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.
1 mins
October 10, 2025
The New Indian Express Jeypore
Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
October 10, 2025
Listen
Translate
Change font size