Risk management measure

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  • matter of abundant caution, Reserve Bank of India (RBI), nbfc gold loans rbi for stricter norms, Risk management measure

    NBFC gold loans: RBI for stricter norms 24 March 2012

    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: Loan-to-Value (LTV) ratio, gold loan assets, Loan-to-Value (LTV) ratio, gold loan assets

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