Relaxation of the LTV Ratio for gold loans

Mr. Saurabh Kumar, Head of Gold Loans, IIFL Finance  “RBI’s policy on revision in LTV from 75 percent to 90 percent is a very welcome step and much needed support during these Covid times. Today MSMEs and Farmers need capital to restart. Gold loan is an easy product and p…

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Credit Scores 6 MYTHS Debunked

Borrow at better rates by maintaining a Good Credit Score There’s a lot of conflicting information and even well-intentioned advice that can turn out to be wrong, so it’s no surprise that credit score myths are aplenty. There are two parts to this story- Credit score and Cre…

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Gold Loans deals for your festive purchase

Gold Loans  deals  for  your  festive  purchase As on October 2016

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GOLD New Investment Avenues...!

Gold schemes- Views of Geofin Comtrade Ltd View on Gold schemes: Mr. C P Krishnan, Whole time Director, Geofin Comtrade Ltd. on the Gold schemes launched today by the Indian Government.  The recently launched schemes on gold are primarily intended to reduce our reliance on i…

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Muthoot Finance: ‘Missed Call service to know the Gold Loan status’ - 08040 75151

Muthoot Finance launches ‘Missed Call service to know the Gold Loan status’ Muthoot Finance Ltd, the largest gold financing company in India, as part of providing excellent customer service have introduced ‘Missed Call facility to know the Gold Loan Status’ as a new feature …

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INVITING COMMENTS ON THE DRAFT GOLD MONETIZATION SCHEME

INVITING COMMENTS ON THE DRAFT GOLD MONETIZATION SCHEME The Finance Minister in his budget speech for the Union Budget 2015 - 16 made the following announcement: "India is one of the largest consumers of gold in the world and imports as much as 800-1000 tonnes of gold …

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Draft Gold Monetization Scheme...!

Draft Gold Monetization Scheme Objective  The objectives of the Gold Monetization Scheme (GMS) are: i. To mobilize the gold held by households and institutions in the country. ii. To provide a fillip to the gems and jewellery sector in the country by making gold available as ra…

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How to Make Gold Monetisation Scheme Work..?

by Mr. Harsh Roongta, Apnapaisa.com The proposed Gold Monetisation Scheme (GMS) needs to avoid the lacunae in the existing Gold Deposit Scheme (GDS), which could garner only 15 tonnes. A lot of issues with the GDS had to do with incentives to a bank for this scheme. Conceptu…

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