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7 mins read

Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…

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7 mins read

Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…

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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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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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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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4 mins read

RBI leaves repo rate unchanged. What does this mean for you?

This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…

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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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2 mins read

RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6

Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…

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

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

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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3 mins read

RBI’s gold holdings jump over 17% to a whopping ₹2,30,734 crore

Higher prices may have curbed gold imports but a closer look at the Reserve Bank of India’s annual …

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2 mins read

RBI slaps fines on Axis Bank, Manappuram Finance

The Reserve Bank on Thursday imposed a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 …

PTI   


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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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3 mins read

Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal

Stating that the country's external balances are stronger than expected on the back of strong inflo…

PTI   


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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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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…

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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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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 …