Mumbai: Implementing the guidelines proposed in the RBI’s draft on gold loans will slow down the asset growth of non-bank financiers in the segment, as per a report released on Tuesday.

Crisil said the draft comes against the backdrop of RBI, in September 2024 ... on LTV computation and breaches thereof can impact the growth prospects of gold-loan NBFCs as they will have to ...

Crisil's report said that this could limit borrower flexibility and disrupt the seamless renewal of loans that many NBFCs currently offer. The RBI's draft directions are part of a broader push for ...

RBI's draft ... as per a report released on Tuesday. According to a Crisil report, the draft focuses on loan to value (LTV) and renewal/top-up of bullet loans which may have a bearing on the loan ...

A working group of the Reserve Bank of India (RBI), set up to review trading and settlement timings, has recommended extended trading hours for the call money market. This move will provide ...

Fintech company MobiKwik announced today that its subsidiary, Zaakpay, has received a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an online ... as a Non-Banking ...

Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: [email protected] ...

CHENNAI: The new strict guidelines of Reserve Bank of India (RBI) for gold loans have led private and nationalised banks, co-operative banks and Non-Banking Financial Companies (NBFCs) to adopt ...

Reserve Bank of India (RBI) has imposed penalties of Rs2.96 crore on Indian Bank, Indian Overseas Bank (IOB) and Mahindra & Mahindra (M&M) Financial Services Ltd, a non-banking financial company (NBFC ...