RBI Rate Cut, Liquidity Measures Will Take 1-2 Quarters To Trickle Down To Loans: Muthoot Finance

Описание: Besides the rate cut bazooka, the RBI showered a bunch of relaxations on gold loan companies compared to the draft gold loan rules that were released earlier. Banks and NBFCs can now give loans up to 85% of the value of the gold loans for small loans for small loans vs 75% earlier. The central bank also stated that self-certification will be suffice to prove ownership of gold for small borrowers. How does the RBI's easing of gold loans rules impact the gold loan companies? Catch Latha Venkatesh in conversation with George Alexander Muthoot, MD, Muthoot Finance.

#reservebankofindia #rbi #goldloans #ltvlimit #creditloans #goldfinanciers #muthootfinance #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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