https://www.taxtmi.com/circulars?id=64217 The circular temporarily increases the permissible Loan-to-Value (LTV) ratio for loans secured by gold ornaments and jewellery for non-agricultural end-uses to provide liquidity support to households, entrepreneurs and small businesses affected by Covid-19. The enhancement applies to scheduled commercial banks, including regional rural banks, while other terms and conditions of prior RBI guidelines on gold loans remain applicable; fresh gold loans sanctioned after the temporary period will revert to the earlier LTV ceiling. en-us Thu, 06 Aug 2020 00:00:00 +0530 Thu, 06 Aug 2020 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64217 The circular temporarily increases the permissible Loan-to-Value (LTV) ratio for loans secured by gold ornaments and jewellery for non-agricultural end-uses to provide liquidity support to households, entrepreneurs and small businesses affected by Covid-19. The enhancement applies to scheduled commercial banks, including regional rural banks, while other terms and conditions of prior RBI guidelines on gold loans remain applicable; fresh gold loans sanctioned after the temporary period will revert to the earlier LTV ceiling. Circulars RBI Thu, 06 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64217