Gold loan rules: You cannot pledge THESE gold assets in banks as collateral for loan – Money News
The Reserve Bank of India (RBI) has issued a new draft framework for gold loan. These draft regulations are aimed at enhancing risk management, standardising lending practices and ensuring responsible credit flow by banks and non-bank lenders (NBFCs). These proposed rules will apply to all types of lenders i.e. banks, NBFCs, co-operative banks and regional