RBI to raise gold lending LTV to 85% for loans under ₹2.5 lakh: Malhotra

RBI to raise gold lending LTV to 85% for loans under ₹2.5 lakh: Malhotra

Photo used for representation purpose only | Photo Credit: Getty Images/iStockphoto The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85% for loans under ₹2.5 lakh from the present 75%, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Mr. Malhotra said […]

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RBI to issue next tranche of Sovereign Gold Bonds from December 19-23

RBI to issue next tranche of Sovereign Gold Bonds from December 19-23

The Reserve Bank will issue two tranches of Sovereign Gold Bonds. File. | Photo Credit: AP The Reserve Bank will issue two tranches of Sovereign Gold Bonds, which will open for public subscription in December and March. Sovereign Gold Bonds (SGBs) 2022-23-Series III will open for subscription during the December 19-December 23 period and the […]

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