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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

Surge in top-up housing loans not system-wide issue, says RBI Governor

Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…

PTI   


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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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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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2 mins read

5 things to keep in mind before taking a personal loan

A personal loan can come in handy when you need money in case of an emergency. Being an unsecured l…

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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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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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1 min read

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   


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4 mins read

Allie Kelly   


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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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3 mins read

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…

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2 mins read

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   


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2 mins read

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   


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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

#2QWithCNBCTV18 | Muthoot Finance posted a mixed set of earnings. @_soniashenoy, @SurabhiUpadhyay &…

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2 mins read

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 …

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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…