🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Rohan Saha

Founder - Burn Inves... • 21d

Good news for anyone taking gold loans and for gold loan companies too, The RBI has just increased the loan to value ratio from 75% to 85%. Simply put, if your gold is worth ₹1 lakh, you can now get a loan of up to ₹85,000 instead of the earlier ₹75,000. But there’s a small condition: to get the full 85%, your gold’s value must be under ₹2.5 lakh. If it’s more than that, the old 75% rule still applies. This move is mainly to help small borrowers.

0 replies13 likes

More like this

Recommendations from Medial

Image Description
Image Description

aaquib mahfooz

Being innovative • 5m

i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To mak

See More
24 replies5 likes
Image Description
Image Description

TANMAY SARKAR

Dreaming Big • 4m

Introducing Our Innovative Startup: Loan Settlement with Blockchain Technology In today’s financial world, many loan borrowers, from individuals to large-scale clients, struggle with timely repayments. This often results in legal complications, high

See More
10 replies5 likes
1
Image Description
Image Description

Priyant Dhrangdhariya

Head of Finance @ Th... • 1y

India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t

See More
3 replies8 likes
Image Description
Image Description

Rohan Saha

Founder - Burn Inves... • 23d

Top Indian Companies with the Highest Debt Levels (₹ Crore) 1. Reliance Industries - ₹3.70 lakh crore 2. NTPC - ₹2.50 lakh crore 3. Vodafone Idea - ₹2.33 lakh crore 4. Bharti Airtel - ₹2.13 lakh crore 5. ONGC - ₹1.87 lakh crore 6. Grasim I

See More
3 replies12 likes
1
1
Image Description
Image Description

Tushar Mishra

Founder & CEO - Medi... • 5m

Hello investors, I have an idea for all of you. We want to create an app that will connect lenders and borrowers together through our platform. The two ways to sign up in this app will be first as a lender and second as a b

See More
33 replies4 likes
2
Image Description

param siddh

@paramsiddh • 3m

Why gold going high????? Only 1 kg of gold is real, but 131 kg of gold is being traded in the market. In the same way, gold has been artificially dumped so that central banks prefer dollars over gold. Now central banks buying gold instead of dollar.

See More
3 replies11 likes
2

Aneesh

Hey I am on Medial • 12m

Hey, how's the chances of paying back the education loan taking for doing ms in CS in usa, is it a wise decision to take 40 lakh loan? And moreover I'm from non cs background. Any suggestions?

0 replies3 likes
Image Description

Shashank Vishwakarma

Be creative every ti... • 9m

If there will be a T-shirt/Shirt that is engraved with gold or platinum metal, some minimalist design and no other print on it only a small design made up of gold (small) will people buy it? (Ignore the washing part) Thoughts?

1 replies1 like

Yusuf Chaudhary

Broker • 6m

I have 85 bigha land in Hasanpur (Amroha) in front of the road of Sambhal. I want to sell this land for 40 lakh rupees per bigha. I'm also interested for investor.

0 replies

financialnews

Founder And CEO Of F... • 4m

New Record High! Gold hits fresh peak to ₹89,450 per 10 gm, silver above ₹1 lakh New Record High! Gold hits fresh peak to ₹89,450 per 10 gm, silver above ₹1 lakh Gold prices reached a new peak of ₹89,450 per 10 grams in the national capital on Thur

See More
0 replies3 likes

Download the medial app to read full posts, comements and news.