RBI’s proposed gold loan rules may curb the growth of gold finance companies by requiring them to adjust lending practices. Crisil Ratings suggests the draft aims to standardize regulations and address lending disparities. The new LTV computation rules could force NBFCs to recalibrate disbursement values, impacting their growth, despite gold loans being the fastest-growing consumer credit segment in FY25.
US stocks today: US stocks rise as energy costs weigh on Fed rate decision; Dow ends 55 points higher
US stock markets saw gains as Wall Street closed higher. Travel stocks like Delta Air Lines and American Airlines Group rebounded. The Federal Reserve commenced