Gold loans surge as small borrowers shun MFIs: 122% jump in June, shows RBI data; soaring prices, lower rates fuel shift
Lower-income individuals are increasingly opting for gold loans over microfinance due to rising gold prices and stricter MFI lending norms. Gold-backed loans have surged by ...
RBI eases gold loan ‘value’ norms for small borrowers
RBI has introduced revised guidelines for gold and silver-backed loans, effective April 1, 2026, aiming to boost credit access for small borrowers. The loan-to-value ratio ...
