Gold loans shine among small businesses

There is heightened interest for gold loans among borrowers as more farmers, small merchants and businesses kick-start stalled economic activity. Gold loans are the easiest to be processed and disbursed and, with the rising rates of the yellow metal, more money is now available for the same gram. According to RBI norms, 75% of the value of pawned gold can be lent.



June 09, 2020 at 04:00AM