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RBI draft on gold lending good for industry: Manappuram Finance
Published On: January 03, 2013 19:57 (IST) | Duration: 9 min, 25 sec
V P Nandakumar, MD and CEO of Manappuram Finance, speaks about the impact of RBI norm to increase loan-to-value ratio, interest rate cap and PAN requirement for high value borrowing. He says that the RBI norms are good for the long term health of the gold financing companies.