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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…
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…
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
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
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
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
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 …
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
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…
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
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…
An ALICE has $250,000 in student loan debt and left teaching for a stable job: 'There are many teaching college who are hungry and can't go to the doctor'
Murphy Pizza, 51, worked as an adjunct professor for most of her career. She left academia because …
Allie Kelly
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
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, …