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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