Thursday, April 3, 2014

Strengthen credit appraisal for gold metal loans: RBI to banks

.......“In case GML is given by the nominated bank to its own existing customers, gold metal loans under the scheme may be carved out within the credit limit sanctioned by the bank. In case of new borrowers, the gold metal loan limit may be fixed after carrying out a detailed credit appraisal and due diligence,”...........

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