Gold loan companies slip as RBI orders corrective measures for lapses
- Posted on October 2, 2024
- By Business News Today
- 2 Views
Gold loan companies slip as RBI orders corrective measures for lapses
The issues highlighted by RBI include improper valuation, breaches of loan-to-value (LTV) ratios, and inadequate governance in partnerships with fintech entities, said Shrikant Chouhan, head of equity research at Kotak Securities.
