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Banks cut lending on gold as prices fall

Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge......

You can now get more loan for property up to Rs 30 lakh

Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, Reserve Bank of India said on Thursday. Earlier, the facility was available only in cases where the......

How to unlock the value of your gold

The recently approved government scheme provides both liquidity and returns.  GOLD BONDS  Who will issue gold bonds? The Reserve Bank of India (RBI), on behalf of the government. ......

10 things to know about Sovereign Gold Bond Scheme

They can be used as collateral for loans and can be sold or traded on stock exchanges The government on Tuesday approved the Sovereign Gold Bonds Scheme, which was announced in the Budget 2015-16.......

All that glitters is not gold

An investment of Rs 100 in gold three years before is worth Rs 82.50 now. Image: A worker holds gold bracelets at a jewellery workshop. Photograph: Mohammed Salem/Reuters Don’t rush to buy.......
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Housing finance companies gain as much as 9.3% on RBI move

Shares of housing finance companies gained as much as 9.3 per cent after the RBI said that banks can now provide loans up to 90 per cent for... ...
Indian markets open firm

Posted by Equitymaster The major Asian stock markets have opened the day on a positive note. Stock markets in Indonesia, Hong Kong and Singapore... ...
RBI cuts risk weight for individual home loans

If LTV for loans is between 80-90%, risk weight would be 50% BS Reporter | Mumbai October 9, 2015 Last Updated at 00:40 IST To boost demand for... ...
Properties worth below Rs 30 lakh to get 90 per cent loan

Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, RBI said on Thursday. Earlier, the facility was... ...
RBI allows 90% loan to value ratio on home loans up to Rs30 lakh

that it was reviewing these norms and will release guidelines shortly RBI's move comes in the wake of a government plan, called Housing for All,... ...

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