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  • Muthoot Finance, Muthoot Finance, nbfc gold loans rbi for stricter norms, Risk management measure

    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: non-banking finance companies (NBFCs), matter of abundant caution, Reserve Bank of India (RBI), risk management measure

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