Tag: rbi draft guidelines

• 27/07/2025
• by GAGA
• Share Market

Muthoot Finance shares surge 6% as FinMin bats for exemption of sub-Rs 2 lakh gold loans from RBI rules

Shares of Muthoot Finance surged 6.15% to hit the day’s high of Rs 2,193 on the BSE on Thursday after the Finance Ministry suggested that borrowers availing gold loans below Rs 2 lakh should be exempted from the Reserve Bank of India’s (RBI) proposed draft guidelines. “@DFS_India has suggested that small ticket borrowers below Rs…