தங்க நகை கடன்: RBI’s latest gold loan guidelines mandate banks to release pledged jewelry within 7 working days after full repayment, with a ₹5,000 daily penalty for delays—up to ₹35,000 after a week. LTV ratios now tier at 85% for loans up to ₹2.5 lakh, 80% up to ₹5 lakh, and 75% above, benefiting small borrowers. Loan agreements must be in local languages for better transparency.
Read more
Share with:
