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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 >
Katra, Jun 6: Chief Minister Omar Abdullah Friday in his inimitable manner pleaded the cause of restoration of statehood, in the presence of the Prime Minister, by reflecting on his (Omarís) personal tryst with key milestones in J&Kís rail history. The Chief Minister was addressing a large gathering at Katra stadium after the inauguration of the Chenab and Anji Bridges and at the flagging-off ceremony of the Vande Bharat Train to Kashmir by Prime Minister Narendra Modi. Also present on the occ ...Read More >
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