RBI Flags Sharp Rise In Gold Loans, Warns Of Risks In Financial Stability Report
The Reserve Bank of India (RBI) has released its latest Financial Stability Report, highlighting a sharp rise in gold loans and cautioning that a fall
The Reserve Bank of India (RBI) has released its latest Financial Stability Report, highlighting a sharp rise in gold loans and cautioning that a fall in gold prices could weaken collateral values. The report also flags risks from unsecured retail lending and intense deposit competition, while stating that India's banking system and NBFCs remain resilient overall.
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