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    Question

    What is the Loan to Value (LTV) ratio prescribed for

    Urban Co-operative Banks lending against gold jewellery?
    A 50% Correct Answer Incorrect Answer
    B 60% Correct Answer Incorrect Answer
    C 70% Correct Answer Incorrect Answer
    D 75% Correct Answer Incorrect Answer
    E 80% Correct Answer Incorrect Answer

    Solution

    Advances against pledge of Gold / Silver Ornaments Banks should maintain a Loan to Value (LTV) ratio of 75% on the outstanding amount of loan including the interest on an ongoing basis, failing which the loan will be treated as Non-Performing Asset (NPA).

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