https://www.taxtmi.com/news?id=4481 The Working Group finds large gold imports strain external stability and recommends moderating import demand through promotion of alternative financial savings and new gold backed financial products. At the micro level, although asset quality and capital adequacy of gold loan NBFCs are not currently systemic concerns, the report urges strengthened oversight, improved documentation, standardised auction and disclosure practices, enhanced capital and funding norms, monitoring of NBFC bank interconnectedness, and measures to monetise domestic gold stocks to unlock economic value. en-us Thu, 03 Jan 2013 11:18:57 +0530 Thu, 03 Jan 2013 11:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4481 The Working Group finds large gold imports strain external stability and recommends moderating import demand through promotion of alternative financial savings and new gold backed financial products. At the micro level, although asset quality and capital adequacy of gold loan NBFCs are not currently systemic concerns, the report urges strengthened oversight, improved documentation, standardised auction and disclosure practices, enhanced capital and funding norms, monitoring of NBFC bank interconnectedness, and measures to monetise domestic gold stocks to unlock economic value. News - Thu, 03 Jan 2013 11:18:57 +0530 https://www.taxtmi.com/news?id=4481