The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
Mumbai (Maharashtra) [India] June 21(ANI/NewsVoir): Mohit Bharatiya, the man known for introducing the country to gold lending rates and gold spot exchange, has stepped down from the presidentship of the India Bullion and Jewellers Association Ltd (IBJA).