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MUMBAI: RBI on Friday issued revised norms for loans backed by gold and silver, aimed at widening credit access for small borrowers and standardising regulations across banks and NBFCs. The new rules will come into force from April 1, 2026.Under the revised framework, loan-to-value (LTV) ratio for smaller consumption loans has been increased. Borrowers can now avail loans up to Rs 2.5 lakh with an LTV of 85%, up from 75%. For loans above Rs 2.5 lakh and up to Rs 5 lakh, the LTV is capped at 80%, ...Read More >
Srinagar, Jun 6: The holy festival of Eid-ul-Adha will be observed across Jammu and Kashmir on Saturday with religious enthusiasm and devotion. The day marks a significant occasion in the Islamic calendar, celebrated annually on the 10th day of Zul Hijjah, the concluding month of the Islamic lunar year. As a tradition, the largest Eid gathering in Kashmir is set to take place at the Hazratbal shrine on the banks of Dal Lake. Thousands of devotees are expected to assemble for the special Eid pr ...Read More >
Kolkata, Jun 6 (PTI) West Bengal Chief Minister Mamata Banerjee on Friday wished the people on the occasion of Eid-ul-Adha. "Eid Mubarak! My heartfelt greetings to everyone on the occasion of Eid-ul-Adha," Banerjee posted on X. Eid ul-Adha, also called Bakrid, is the second of the two main festivals in Islam, alongside Eid al-Fitr. The festival celebrates the devotion of Prophet Ibrahim, who was willing to sacrifice his son in obedience to God's command. The crescent moon, sighted in Saudi Ar ...Read More >
Kolkata, Jun 6 (PTI) West Bengal Chief Minister Mamata Banerjee on Friday wished the people on the occasion of Eid-ul-Adha. "Eid Mubarak! My heartfelt greetings to everyone on the occasion of Eid-ul-Adha," Banerjee posted on X. Also Read | Water Cut in Pune: Supply Suspended in South Pune on June 12 Due to Maintenance Work; Check Affected Areas. Eid ul-Adha, also called Bakrid, is the second of the two main festivals in Islam, alongside Eid al-Fitr. The festival celebrates the devotion of Pro ...Read More >
Bhopal (Madhya Pradesh) [India], June 5 (ANI): The Madhya Pradesh Waqf Board has issued a comprehensive advisory for the upcoming Eid-al-Adha festival, instructing people to strictly follow the rules and regulations while making sacrifices. The board instructed all the District Collectors of the state to strictly follow the advisory issued and inform the general public about it to ensure that the rules are followed. The advisory emphasised maintaining hygiene, ensuring sacrifices should be perf ...Read More >
Bhopal, June 5: The Madhya Pradesh Waqf Board has issued a comprehensive advisory ahead of Eid al-Adha, emphasising the importance of maintaining hygiene and adhering to regulations during the ritual of sacrifice. The advisory outlines key guidelines to ensure the observance of the festival remains respectful and orderly. Muslims performing "Qurbani" are urged to conduct the ritual only in designated areas, avoiding roadsides and public spaces. The board has also strictly prohibited the recordi ...Read More >
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