gold loan Stories - India News Latest news from India and around the world. Tue, 05 May 2026 23:39:35 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://india-news.com.in/wp-content/uploads/2026/03/cropped-favicon-32x32.png gold loan Stories - India News 32 32 Loan https://india-news.com.in/kttnnn-loan-news/ Tue, 05 May 2026 23:39:35 +0000 https://india-news.com.in/kttnnn-loan-news/ CSB Bank is moving away from gold loans to focus on SME lending due to market volatility. NALCO plans a significant investment amidst these changes.

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]]> CSB Bank has significantly shifted its strategy by reducing its gold loan disbursement due to geopolitical risks and volatile gold prices. The bank aims to maintain a Loan-to-Value (LTV) ratio of 60-65% for its remaining gold loans.

Key developments:

  • CSB Bank has cut its gold loan disbursement by 50%, equating to a reduction of ₹1,700 crore.
  • The bank is now focusing on Wholesale and SME lending, which are considered lower risk.
  • NALCO plans to invest ₹30,000 crore in a major expansion project over the next 3 to 4 years.
  • NALCO’s Q4FY26 EBITDA decreased by 4% due to a decline in alumina sales and prices.

The Indian government has approved the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) to support MSMEs and the aviation sector. This scheme provides a 100% guarantee for MSMEs and 90% for non-MSMEs, including airlines.

The repayment period for loans under ECLGS 5.0 is 5 years, with a 1-year moratorium. This initiative aims to assist businesses facing liquidity stress amid ongoing geopolitical challenges.

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