RBI Tightens Gold Loan Norms, Growth To Moderate
The country’s banking regulator has tightened the non-banking finance company (NBFC) norms for lending against gold, which will affect the growth rate of gold loan companies like PE-backed Muthoot Finance and Manappuram Finance.
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.