Times of India

Why NBFC gold loans are growing nearly 70% despite tighter RBI regulations

Why NBFC gold loans are growing nearly 70% despite tighter RBI regulationsWorldPing

Non-banking financial company gold loans grew nearly seventy percent year-on-year. This expansion significantly outpaced overall retail credit growth for these institutions. The Reserve Bank of India had introduced new rules for gold lending practices.

This is a short WorldPing brief. The full report was published by Times of India.

Read the full report at Times of India

Related news

Trump renews bid to fire Fed governor Lisa Cook despite supreme court rulingWorldPing
The Guardian

Trump renews bid to fire Fed governor Lisa Cook despite supreme court ruling

White House continues to target Cook despite decision from justices that upheld Federal Reserve’s independence Donald Trump is attempting once again to oust the US Federal Reserve governor Lisa Cook over allegations of mortgage fraud, despite a recen…

Brief by WorldPing · Original reporting by The Guardian