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100			_aTeena Jain Kaushal _93610
245			_aDark side of Gold Loans
260			_aNew Delhi _bLiving Media Ltd _c2024
300			_aVol 33 No 10 Pg 46-51
520			_aThe RBI asked the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason the regulator found some major lapses in how company handled the gold loans. In February the association of Gold Loan Companies asked the RBI to investigate certain bank branches for breaking the rules governing how much money can be given against gold ornaments.The gold loans outstanding of banks and NBFC was 6.1 lakh crore as of F.Y. 23 per a Nirmal Bang report With the gold prices touching record highs, the demand for gold loan is expected to rise. Thus rules need to be tightened to protect small and underprivileged borrowers.
650			_aGold Loan _93611
650			_aFinancial Services _93612
650			_aRBI Regulation _93613
650			_aLoan to Value _93614
773			_tBusiness today
942			_cAR
999			_c39490 _d39490