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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
RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh
The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …
PTI
Getting a gold loan? Here is how to get the best interest rates
A gold loan is a secured loan where borrowers pledge their gold jewellery as collateral. It offers …
Axis Bank to tie up with ITC to offer rural lending products to farmers
The collaboration will help Axis Bank bank to leverage ITCMAARS, an agri-tech application to addres…
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
Clearly, there is a huge demand for gold loans. While Manappuram is yet to release its numbers, …
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…
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…
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…
EXCLUSIVE: Muthoot Finance says this year's growth is likely to exceed guidance
In fact, business is going so well that Muthoot Finance could be on track to beat its projected …
Indians are borrowing heavily against gold— but it may have been wiser to borrow money to buy the precious metal instead of homes
The average Indian household has been taking on more debt for nearly half a decade now. In fact, de…
Gold loan providers in India face a rise in robberies as gold prices rise
Five of those robberies happened in 2020, three in the last three months. While this may seem …
SBI waives processing fee for car, gold and personal loans availed using YONO
To enlarge retail loans and online business, lendin g major SBI on Monday announced a 100 per cent …
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…
RBI has opened a pipeline of funds for startups, home buyers and green power producers too
The Reserve Bank of India has announced that it has brought in startups under the purview of Priori…