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RBI Bars Non-Bank Finance Company From Offering Gold Loans

The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns"...

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Mar 5, 2024 - 01:00
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RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns"...
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