Tuesday, June 22, 2021

BANKING

The NBFC feels that the demand for gold loan in FY22 will be fuelled by healthcare requirements, pandemic-driven uncertainty, the limitations of the banking sector to serve gold loan demand at the earlier pace due to decreased gold prices and the end of 90% LTV (loan-to- value) lending on March 2021, apart from increased credit crunch due to prevailing policies.

from Banking/Finance-Industry-Economic Times https://ift.tt/3j2pj4S
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