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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
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
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…
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 …
Muthoot Microfin IPO subscribed 82% on first day of offer
The initial public offer of Muthoot Microfin, the microfinance subsidiary of Muthoot Pappachan grou…
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
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
Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on hold
Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Of…
PTI
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…
IIFL Finance shares bounce back after two days of sharp fall
Shares of IIFL Finance Ltd bounced back on Thursday and climbed nearly 10 per cent after tumbling …
PTI
Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance
Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…
PTI
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Insider Inc.
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…
Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price
Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…
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 …
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
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 …
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
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
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…