<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>RBI releases Final Report of the Working Group on Issues Related to Gold Imports and Gold Loan NBFCs in India</title>
    <link>https://www.taxtmi.com/news?id=4647</link>
    <description>The RBI Working Group recommends a combined strategy to moderate gold imports-demand reduction (fiscal measures, better documentation, investor education, and introduction of gold backed financial products), supply management (recycling scrap, using ETF reserves, and exploring a Bullion Corporation), and monetisation (expanding bank gold jewellery lending and buy back of coins). It urges enhanced oversight of gold loan NBFCs (capital buffers, limits on NCDs, review of secured debenture exemptions, standard documentation, fair auction procedures, disclosure norms and grievance redressal) and endorses continuation of recent regulatory measures while noting the extant 60% LTV provides reasonable risk cover.</description>
    <language>en-us</language>
    <pubDate>Wed, 06 Feb 2013 18:12:29 +0530</pubDate>
    <lastBuildDate>Wed, 11 Feb 2026 15:56:08 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=307377" rel="self" type="application/rss+xml"/>
    <item>
      <title>RBI releases Final Report of the Working Group on Issues Related to Gold Imports and Gold Loan NBFCs in India</title>
      <link>https://www.taxtmi.com/news?id=4647</link>
      <description>The RBI Working Group recommends a combined strategy to moderate gold imports-demand reduction (fiscal measures, better documentation, investor education, and introduction of gold backed financial products), supply management (recycling scrap, using ETF reserves, and exploring a Bullion Corporation), and monetisation (expanding bank gold jewellery lending and buy back of coins). It urges enhanced oversight of gold loan NBFCs (capital buffers, limits on NCDs, review of secured debenture exemptions, standard documentation, fair auction procedures, disclosure norms and grievance redressal) and endorses continuation of recent regulatory measures while noting the extant 60% LTV provides reasonable risk cover.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 06 Feb 2013 18:12:29 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=4647</guid>
    </item>
  </channel>
</rss>