RBI Chair issued on behalf of the new guidelines, the total price of the mortgaged the gold jewellery more than 60 phisad cannot be given debt. This means that 100 bucks worth of gold jewellery on mortgage lenders to give loans up to RS. 60. Additionally, the new guidelines said that gold jewellery keep time written by customer mortgage in nbfcs jewellery Purity and weight information. that more than 20 grams of gold owned by the mortgage people to submit papers related to gold.
Gold exchange all credit companies also said that they standardize the process of documenting all branches. the Reserve Bank credit instead of gold jewellery companies releasing new guidelines to tighten these screws on. these instructions RBI Chair KUB Rao presided over the Committee's recommendations are based on.
It says that gold jewelry storage facility and a pledge to keep the minimum security facility is not available if no can open its new branch . It also States that gold jewellery to keep mortgage credit more than half a million bucks for companies that all transactions in the client copy of Pan card that wasn't necessarily postulate.A million bucks or more in case of debts debt allocation distribution by check only.
Pledge to keep the gold jewellery of standardization to make the process more transparent and it has been said that at the time of the mortgage debt, the price of 22 carat gold over the past thirty days average closing quote (announced by the Bombay bullion Association) should decide on the basis of it's also been said that pledge gold reserve price shall not be less than phisad its 85. According to punditsAs a result of these instructions, in the near term these companies will impacted on both the loan book and profit. However, the long-term quality of the assets related to talk they would be at risk.
Gold exchange all credit companies also said that they standardize the process of documenting all branches. the Reserve Bank credit instead of gold jewellery companies releasing new guidelines to tighten these screws on. these instructions RBI Chair KUB Rao presided over the Committee's recommendations are based on.
It says that gold jewelry storage facility and a pledge to keep the minimum security facility is not available if no can open its new branch . It also States that gold jewellery to keep mortgage credit more than half a million bucks for companies that all transactions in the client copy of Pan card that wasn't necessarily postulate.A million bucks or more in case of debts debt allocation distribution by check only.
Pledge to keep the gold jewellery of standardization to make the process more transparent and it has been said that at the time of the mortgage debt, the price of 22 carat gold over the past thirty days average closing quote (announced by the Bombay bullion Association) should decide on the basis of it's also been said that pledge gold reserve price shall not be less than phisad its 85. According to punditsAs a result of these instructions, in the near term these companies will impacted on both the loan book and profit. However, the long-term quality of the assets related to talk they would be at risk.
