Gold & Silver Now Valid Collateral For Loans: RBI Issues New Circular To Banks
The RBI has now allowed banks to accept gold and silver as collateral for certain loans—but only if the borrower offers it willingly. This applies to most banks and is meant to give people more flexibility in getting credit, without letting banks misuse their position. It’s a move seen as supportive of borrowers, especially in the agriculture and MSME sectors.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
Admin
तेज रफ्तार न्यूज देश का बोलबाला
