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New gold loan rules soon: These 9 proposals in RBI’s draft guidelines may impact you
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Reserve Bank of India plans to standardize gold loan rules. New guidelines focus on banks and NBFCs. Loan-to-value ratio is capped at 75%. Borrowers need to prove gold ownership. Lenders must provide purity certificates. Loans are allowed against specific gold and silver. There are limits on collateral weight. Gold valuation will be standardized. Detailed loan agreements are mandatory.
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‘No amnesty’: Trump administration to crack down on illegal immigrants; new measures to prevent access to healthcare, education
The Trump administration has unveiled stringent measures to limit undocumented immigrants' access...
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