Urban co-op banks seek increase in gold loan limit from 2 lakh to 5 lakh

RBI permitted bullet repayment of gold loans up to ₹1 lakh to start with (in 2007), which was increased later (in 2014) to ₹2 lakhs, with the repayment being restricted to 12 months.

from | The HinduBusinessLine https://ift.tt/OPgv6MX