08-February-2026
Banking
 
RBI frees branch expansion for large gold-loan NBFCs, easing prior approval rule
07-Feb-2026

Non-banking financial companies, such as Bajaj Finance and Muthoot Finance, that offer gold loans are expected to benefit as the Reserve Bank of India (RBI) allows them to open branches freely. Cholamandalam Investment and Finance Company, Mahindra & Mahindra Financial Services, Shriram Finance and Tata Capital Financial Services are among the other companies expected to benefit from the RBI decision Friday.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/rbi-frees-branch-expansion-for-large-gold-loan-nbfcs-easing-prior-approval-rule/articleshow/127995582.cms
 
 
 

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