Gold is priced according to its current market value, and any fluctuation in the market price will affect the floating interest rate on loans against gold pledged as security. This amount is directly ...
The Reserve Bank of India (RBI) has issued a new draft regarding gold loan, which aims to make the rules uniform, transparent and safe. RBI has maintained the ban on giving loans on raw gold (such as ...
When someone needs money suddenly, whether it's for a medical emergency, a child's education, a business investment, or home renovations, a gold loan is an excellent option. It's hassle-free and ...
With the sharp rise in the prices of the yellow metal, loans against gold have registered an over 100% year-on-year growth in the past 10 months. Kshipra Petkar explains the reasons for the same. GOLD ...