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Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
Public sector banks asked to reassess gold loan process amid debt risk concerns
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…
ANI
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
PTI
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
RBI tightens norms on personal loans for banks, NBFCs
The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking…
PTI
Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price
Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
Ashneer Grover claims Bharatpe's gold loan vertical was his project, calls out CEO for ‘selling lies’
BharatPe’s former founder, managing director and chief executive (CEO) Ashneer Grover has accused t…
Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.
Huileng Tan
Stocks and real estate will crash when 'everything bubble' pops, so buy gold, silver and bitcoin, says Robert Kiyosaki
"Rich Dad Poor Dad" author Robert Kiyosaki rang the alarm on a historic asset bubble, and advised i…
Theron Mohamed
Digital gold loan company Indiagold raises $12 million from PayU and others
Indiagold, a fintech startup that offers gold loans, has raised $12 million funding to scale its bu…
Fintech startup offering gold loans to improve credit availability in Tier-2,3 cities raises $1.5 million in seed funding
Kae Capital led the funding round in fintech startup Bold Finance. The round also saw participation…
BharatPe will now offer gold loans for merchant partners
Merchants payments platform BharatPe has launched gold loans for their merchants partners, marking …
If you’re thinking about taking a gold loan, ask these questions first
#2QWithCNBCTV18 | Muthoot Finance posted a mixed set of earnings. @_soniashenoy, @SurabhiUpadhyay &…
BharatPe acquires 51% stake in Mumbai-based NBFC Trillion Loans
BharatPe Group has acquired a controlling stake in Mumbai-based NBFC Trillion Loans, a provider of …
A startup that helps underserved Indians save & invest in gold, stocks bags $19 million
Micro-saving app Siply — which helps underserved users borrow and save money — has raised $19 milli…
As Sima Taparia would say, the stars are aligning perfectly for Muthoot and Manappuram shareholders
Gold prices are soaring, the Reserve Bank of India is pushing for more cash in the system to increa…
Here’s how Muthoot Finance is bringing about a perception change around gold loans with its marketing initiatives
Abhinav Iyer, GM, Marketing & Strategy, Muthoot Finance tells us how its effective marketing strate…