Paul Merchants Finance Launches Loan Against Silver, Becomes India's First NBFC to Set Up Exclusive Silver Loan Branches

Paul Merchants Finance Launches Loan Against Silver, Becomes India's First NBFC to Set Up Exclusive Silver Loan Branches

Get latest articles and stories on Business at LatestLY. Chandigarh [India], August 18: Paul Merchants Finance Private Limited (PMFPL), a diversified NBFC and part of the Paul Merchants Group, has launched its Loan Against Silver product. The launch follows the Reserve Bank of India's introduction of the Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025, which formally enabled eligible regulated lenders to accep…