Gold loans can be repaid with gold - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Thursday, 24 June 2021

Gold loans can be repaid with gold

The RBI has allowed banks to recover part of gold metal loan advances in physical gold. Current regulations required lenders to recover gold loans dues in rupees equivalent to the value of the yellow metal borrowed.

from Commodities-Markets-Economic Times
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