Risk management measure

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  • non-banking finance companies (NBFCs), gold loan assets, nbfc gold loans rbi for stricter norms, Risk management measure

    NBFC gold loans: RBI for stricter norms 24 March 2012

    RBI also made it clear henceforth that, NBFCs should not grant any advance against bullion or primary gold and gold coins. Also, RBI observed that NBFCs who are predominantly engaged in lending against the collateral of gold jewellery have recorded...

    Keywords: volatility in the gold prices, RBI Stricter norms, volatility in the gold prices, non-banking finance companies (NBFCs)

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