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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 >
Lucknow: In the small village of Dhannipurwa, once darkened by tragedy, the light of joy returned as wedding songs echoed again -- not because sorrow was forgotten, but because courage and compassion won.Just over a month ago, 28-year-old Shiv Deen was shot dead by members of the dreaded Pasi gang while trying to stop them from stealing wedding items meant for his sister Uday Kumari's big day. His death shattered the family. The wedding was postponed and hopes seemed lost. But help came not from ...Read More >
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