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Indian Banks rethink gold lending

Nov 19, 2014: News Updates

The banks in India have decided to revisit the lending norms on gold following extreme volatility in prices. According to sources, various banks have come up with new criteria for lending in order to safeguard their loan book against fall in gold prices. Most banks in the country have reduced the Loan against Value (LTV) on gold.

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Press Release

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Social Activities

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Jewellery News

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