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RBI's new norms to hit gold loan cos margins badly: IIFL

The Reserve Bank of India (RBI) on Wednesday issued a notification directing all non-banking finance companies engaged in gold loan business to maintain a loan to value (LTV) ratio of 60%. Sampath Kumar, senior research analyst of IIFL Institutional Equities says, gold loan companies may see some pullback on the growth side.

first published: Mar 22, 2012 12:01 pm

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