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Searched Tag: gold loans
March 19, 2025, 04:29 PM - 3 min read
Congress MP Manickam Tagore wrote to Finance Minister Nirmala Sitharaman on Wednesday, raising concerns over the recent policy changes introduced by the RBI regarding the repayment terms of jewel loans and requested her to take necessary steps to mitigate the adverse effects of the new policy.
Read moreJanuary 2, 2025, 03:21 PM - 3 min read
A report by the Reserve Bank of India said, "Gold loans have clocked rapid growth in the period ending September 2024 compared to a year ago." However, the RBI also raised concerns in the report about irregular practices among certain supervised entities (SEs) involved in gold loans.
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