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3 mins read

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   


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3 mins read

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   


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1 min read

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   


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3 mins read

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 …

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1 min read

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   


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1 min read

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   


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3 mins read

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 …

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2 mins read

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…

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2 mins read

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…

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2 mins read

BharatPe will now offer gold loans for merchant partners

Merchants payments platform BharatPe has launched gold loans for their merchants partners, marking …

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4 mins read

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, …

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2 mins read

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…

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2 mins read

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…

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7 mins read

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…

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3 mins read

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 …

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4 mins read

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…

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7 mins read

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 …

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1 min read

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 …

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5 mins read

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…

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1 min read

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…