Reserve Bank of India (RBI) has issued an amendment to the Gold Monetization Scheme (GMS), 2015, following a government directive. Effective March 26, 2025, the Medium and Long Term Government Deposit ...

The Reserve Bank of India (RBI) is preparing to enforce stricter rules on gold loans to curb their rapid expansion. Financial institutions, including banks and non-bank lenders, will need to tighten ...

One of the industry source added that the RBI also found that fintech agents were handling gold collection, storage, and weighing, tasks that should be performed by the lending institutions ...

The RBI’s move to add more gold to its kitty and the recent rally in prices of the yellow metal to a new high allowed it the wiggle room to dip into forex reserves to smoothen volatility in the ...

Reserve Bank of India (RBI) plans to ask banking lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing ...

India's sovereign gold bonds were considered a gold standard in investing. But the well-intentioned scheme has been causing trouble. The big question is if India will continue issuing sovereign ...

The RBI has announced the final redemption price for the Sovereign Gold Bond (SGB) 2016-17 Series IV at Rs 8,634 per gram. Issued in March 2017 at Rs 2,943 per gram, investors earned a 193% return ...

The Reserve Bank of India (RBI) said the redemption price for the final redemption of Sovereign Gold Bonds (SGBs) due on March 17, 2025 would be ₹8,624 per unit of SGB. “This price has been ...

The RBI plans to tighten gold loan regulations ... These agents have been handling crucial tasks such as gold collection, storage, and weighing—responsibilities that should be performed by ...