RBI To Raise Gold Loan-To-Value Ratio To 85 Percent For Small Borrowers Up To Rs. 2.5 Lakhs
Reserve Bank Governor Sanjay Malhotra on Friday said the Central Bank will raise the Loan-to-Value (LTV) ratio for gold loans to small borrowers of up to Rs. 2.5 lakh to 85 per cent from the existing 75 per cent.