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Tag Archives: Gold loan

Will Loans Below Rs 2 Lakh Be Exempt From Tighter Rules Under New Gold Loan Norms? Finance Ministry Steps In

Will Loans Below Rs 2 Lakh Be Exempt From Tighter Rules Under New Gold Loan Norms? Finance Ministry Steps In

New Delhi: The Finance Ministry stated on Friday it has instructed that the Reserve Bank of India (RBI) will have to exclude small debtors of as much as Rs 2 lakh from the provisions of its draft instructions on lending in opposition to gold collateral. The Finance Ministry has additionally …

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