Question
What is the Loan-to-Value (LTV) ratio for loans against
equity shares and equity mutual funds (in dematerialized form) for Scheduled Commercial Banks (SCBs)?Solution
Scheduled commercial banks can lend against the security of equity shares and equity mutual funds (in dematerialized form) to the extent of Rs.20 lakh with max LTV of 75%.  The regulations related to lending by banks, against various securities are: Â
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Series I:Â 16 21 36 81 209 621 1836
Series II:Â 20 60 240 1200 7200 43200 403200
In series II, if ‘x’ is the wrong term, then fin...
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