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Banks not following RBI directive on gold margin calls: Mehrasons
Updated : 6 years, 1 month ago IST
New Delhi [India], Apr 11 (ANI): Amid spreading coronavirus and subsequent lockdown, borrowers of a gold metal loan (GML) are facing excessive heat as the price of the yellow metal has risen astronomically, triggering margin calls that need to be fulfilled.
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Making gold metal loan a robust financial product is key to successful GMS
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 30 (ANI): Banks must sanction a gold metal loan (GML) in the weight of gold and permit its rollover on paper without importing physical gold, a leading industry expert has said.
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