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RBI asks NBFCs to stick to gold loan cash payment limit of Rs 20,000
New Delhi: The Reserve Bank has asked NBFC companies not to disburse more than Rs 20,000 in cash on loan against gold in line with income tax laws.In an advisory issued to gold loan financiers and microfinance institutions earlier this week, the Reserve Bank of India has advised them to comply...- NewsBot
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- 20,000 269ss advisory bank cash compliance directive gold income limit loan loans nbfc reserve section
- Category: Business & Economy