Gold loan companies request RBI to probe banks violating loan|to ...

Gold loan companies request RBI to probe banks violating loan-to ...

The Association of Gold Loan Companies has requested the Reserve Bank of India to look into violations by some banks' branches of the norm that caps the amount ...

RBI Clamps Down on Irregular Practices in Grant of Gold Loans

The Reserve Bank of India (RBI) has issued a circular 'Gold loans - Irregular practices observed in grant of loans against pledge of gold ...

businessline on LinkedIn: Gold loan companies request RBI to ...

The Association of Gold Loan Companies has requested the Reserve Bank of India to look into violations by some banks' branches of the norm ...

Gold loan companies urge RBI to probe banks violating LTV norms

Gold loan companies urge RBI to probe banks violating LTV norms · NOT ON. 'Some branches lending up to 80-90% of the pledged ornaments' value'.

Gold Loan Companies Under Scrutiny for Regulatory Violations

The Reserve Bank of India (RBI) has reviewed the activities of gold loan companies and found that many are ignoring key regulatory guidelines.

RBI asks lenders to address 'irregularities' in gold loans in 3 months

A Reserve Bank of India (RBI) circular has pointed out irregularities in granting loans against gold ornaments and jewellery.

RBI Warns Banks, NBFCs on Irregularities in Gold Loan Disbursals

The RBI also found that lenders closed many loan accounts within a short time from sanction and granted an unusually high number of gold loans to the same ...

Gold Loans: RBI Finds Irregularity in Granting Loans against ...

... gold loan businesses and has asked supervised entities (SEs), including non-banking finance companies (NBFCs), to review their policies and ...

RBI must probe loan-to-value norms: gold loan firms - ToppersNotes

Recently, the Association of Gold Loan Companies requested the RBI to investigate violations by certain bank branches of the norm that caps ...

RBI flags irregularities in gold loan practices - The Financial Express

The Reserve Bank of India (RBI) has uncovered significant irregularities in the processing of loans against gold jewellery by supervised entities.

RBI Circular - Gold Loans - Irregular Practices - Probe42

The Reserve Bank of India (RBI) has issued a reference to its circulars containing prudential guidelines for loans against the pledge of gold ornaments and ...

Unveiling the shadowy side of surging gold loans: Will the RBI move ...

In February, the Association of Gold Loan Companies asked the RBI to investigate certain bank branches for breaking the rules governing how much ...

Ecoholics on X: "Gold loan companies request RBI to probe banks ...

Gold loan companies request RBI to probe banks violating loan-to-value norms #goldloan #Banking #rbi #reservebankofindia.

RBI Issues 3-month Ultimatum To Banks And NBFCs To Revamp ...

The RBI has called on financial institutions to conduct a thorough review of their gold loan policies, identify any gaps, and rectify ...

RBI flags deficiencies in gold loan practices, asks lenders to ... - Mint

The deficiencies were observed during a recent review of lenders' adherence to prudential guidelines as well as practices with regard to gold ...

Gold Loans Surge: Boom or Burden? - Fortune India

India's gold loan growth story is going strong but that's precisely why the RBI is worried. Its recent findings show banks are bending every ...

RBI to conduct special audit for regulatory breaches by IIFL Finance ...

The Reserve Bank of India has initiated special audits for IIFL Finance Ltd and JM Financial Products Ltd to further investigate regulatory breaches.

RBI Raises Red Flags On Gold Loan Practices - BW BusinessWorld

The Reserve Bank of India (RBI) has issued a circular expressing significant concerns regarding the practices surrounding gold loans ...

Aabid and Co on LinkedIn: Gold loan companies request RBI to ...

Gold loan companies request RBI to probe banks violating loan-to-value norms.

RBI highlight red flags in gold loan operations, suggest remedies

... banks and other major financial institutions engaged in gold loan ... The investigation further uncovered irregularities in the application ...