RBI MPC Meeting October 2023: Gold loan limit enhanced for urban cooperative banks
RBI MPC Meeting October 2023: The Reserve Bank of India (RBI) announced an increase in the gold loan limit for urban cooperative banks (UCBs), on the sidelines of the MPC outcome on Friday, October 6.
RBI MPC Meeting October 2023: The limit on loans against gold and gold jewellery now stands at Rs 4 lakh, up from Rs 2 lakh earlier. Image: Reuters