Collateral

For a global economy already grappling with trade-related uncertainties, a sustained increase in oil and gas prices would further cloud the outlook

The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from the present 75 per cent, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Malhotra said the relaxation will come with riders, and pointed out that both principal as well as interest will be included while computing the LTV as against the current industry practice of sticking only to the principal. "The LTV was 75 per cent till now. We are expanding it to 85 per cent for small loans of below Rs 2.5 lakh per borrower," Malhotra said, adding that this will be included in the final regulation on gold lending which has been in the works for some time. He said the revised norms are aimed at regulating the category in a better way with minimum risk. The Governor said state-owned lenders have been including both interest and principal while making gold loans under the current LTV limit of 75 per cent

Refinancing will improve liquidity and help in reinvestment, says company

To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF). The move will also help alleviate the burden of additional collateral towards the maintenance margin for the margin trading facility. The development took place after the Securities and Exchange Board of India (Sebi) received representations from market participants through the Industry Standards Forum (ISF) to relax the requirement pertaining to the margin trading facility. In a circular, Sebi said stocks or units of equity exchange-traded fund (ETFs) deposited as collateral with the brokers and those purchased using margin trading must be kept separate. There should be no mixing of these two types for calculating the funding amount. "In case the broker has collected cash collateral from the client in the form of margin for availing margin trading facility and the trading member has given

The proposed guidelines given in an exposure draft will be applicable for all the reinsurance placements with CBRs by cedants or insurers from India

But if you require additional liquidity for long term, break the FD and borrow against another asset

Adani on Friday added about $300 million worth of shares for a loan made by a group of banks including Barclays Plc, one of the people said, asking not to be named discussing internal matters

Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?

HDFC has sanctioned home loans worth Rs 2 trillion in FY22 so far. But, have you ever wondered what are the types of loan that lenders offer and what are the inherent risks involved? Find out here

The performance of 143 rated securitisation deals showed the recovery has improved sentiments and supported the loan performance in June-July 2021

The Reserve Bank of India on Monday notified the enhancement of collateral free loans to self-help groups (SHGs) from Rs 10 lakh to Rs 20 lakh under DAY-NRLM

Starting a fixed deposit may make a bank more willing to offer you a credit card

If you are thinking of availing of a personal loan, here are some steps you can take to improve your chances of getting it

Presence of collateral allows lenders to relax their criteria while sanctioning of these loans

The rating agency said the survey was conducted over 2 weeks - between June 23 July 7 - and saw the participation of 345 respondents from a cross-section of sectors

Interest rate ceiling for NBFCs loan at 12%; caps are much lower than the normal interest rates charged by these lenders

Directs clearing corporations to take necessary steps to put systems in place