When on a special occasion or in an emergency you have to fulfill some financial responsibility and you do not have sufficient funds, then a gold loan can be an immediate resource at such a time. It is worth noting that the amount of gold loan you will get depends …
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Big news has come from Bhadohi district of Uttar Pradesh. During the investigation of a case of fraud in a bank where fake jewellery was pledged to get a gold loan, two more cases of different banks have come to light. Police said that fake jewellery was pledged for gold …
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A domestic rating agency Crisil on Tuesday said the recent notification by the Reserve Bank of India (RBI) asking financiers to review gold loan practices could slow loan growth in the near term and lead to increased asset quality stress. Potentially, this could impact gold loan disbursements during the transition …
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Unraveling the IIFL Finance Gold Loan Controversy: RBI’s Regulatory Clampdown Navigating the Turbulent Waters of Gold Loans in the Financial Market In the ever-evolving landscape of financial services, gold loans have emerged as a popular option for those seeking immediate funds. The recent regulatory action taken by the Reserve Bank …
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