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Plugging the Leaks: RBI Clamps Down on Irregular Practices in Grant of Gold Loans

Submitted by yvonne on Thu, 10/17/2024 - 16:56

On 30 September 2024, the Reserve Bank of India (RBI) issued a circular ‘Gold loans - Irregular practices observed in grant of loans against pledge of gold ornaments and jewellery’ dated 30 September 2024 (Circular).

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Yes