
Small gold loan LTV increased to 85% from 75%
A gold pledge transaction in progress in Kochi city. File photo | Photo Credit: Hindu RBI Governor Sanjay Malhotra said on Friday that the Reserve Bank of India (RBI) has decided to increase the price (LTV) amount for small gold loans of up to 2.5 lakhs from a borrower from 75% to 85%. He said…