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NBFC gold loans: RBI for stricter norms 2012-03-24 05:45:41
RBI also made it clear henceforth that, NBFCs should not grant any advance against bullion or primary gold and gold coins. Also, RBI observed that NBFCs who are predominantly engaged in lending against the collateral of gold jewellery have recorded...
Keywords: Muthoot Finance, Muthoot Finance, risk management measure, gold loan assets
Read MoreIndia makes hallmarking gold jewellery 2012-01-04 07:30:26
India has made hallmarking gold jewellery for quality control mandatory, a senior government minister said. India is the world's biggest consumer of gold but quality is sometimes a problem, especially with small jewellers and customers face problems during redemption. Gold...
Keywords: gold jewellery, India gold jewellery, gold jewellery, India gold jewellery
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