https://www.taxtmi.com/news?id=45910 RBI updated lending directions for loans secured by gold and silver collateral: it prescribes differentiated LTV ceilings by loan size, mandates LTV calculation against pledged collateral value (and total repayable for bullet loans), and bars lending where ownership is doubtful. Lenders must obtain a borrower declaration of rightful ownership, monitor aggregated or repeated pledges under the AML framework, prohibit advances against primary bullion or bullion-backed financial assets, impose aggregate weight limits for pledged ornaments and coins, require valuation by actual purity, and ensure timely return of collateral upon full repayment; small gold loans are exempted from credit appraisal and priority sector end use checks apply conditionally. en-us Fri, 06 Jun 2025 21:01:03 +0530 Fri, 06 Jun 2025 21:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45910 RBI updated lending directions for loans secured by gold and silver collateral: it prescribes differentiated LTV ceilings by loan size, mandates LTV calculation against pledged collateral value (and total repayable for bullet loans), and bars lending where ownership is doubtful. Lenders must obtain a borrower declaration of rightful ownership, monitor aggregated or repeated pledges under the AML framework, prohibit advances against primary bullion or bullion-backed financial assets, impose aggregate weight limits for pledged ornaments and coins, require valuation by actual purity, and ensure timely return of collateral upon full repayment; small gold loans are exempted from credit appraisal and priority sector end use checks apply conditionally. News - Fri, 06 Jun 2025 21:01:03 +0530 https://www.taxtmi.com/news?id=45910