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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   


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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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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

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   


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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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4 mins read

Allie Kelly   


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2 mins read

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   


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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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1 min read

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   


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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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Personal Finance Advertising Policy

Reader trust is core to our mission. Here is a list of companies Insider Personal Finance partners …

Insider Inc.   


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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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3 mins read

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…

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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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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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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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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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2 mins read

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   


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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…