Lenders Flout RBI’s Limit On LTV Ratio
  • Nikita Setia
  • Jul 15 2013

Fightback’s special investigation into the default risk in gold loans has thrown up some alarming findings - lenders have been giving out loans that blatantly flout the Reserve Bank of India’s limits on the loan-to-value ratio. Bloomberg TV India’s Saloni Shukla and Prerna Baruah went under-cover and found scant regard for the RBI's norms.