Gold loans by banks, NBFCs may cross Rs 10 lakh crore this fiscal, says report Overall organised gold loans grew at a compounded annual growth rate (CAGR) of 25% over the period FY 2020-2024, driven… 12 months ago
Gold loans by banks, NBFCs to reach Rs 15 trillion by March 2027; banks remain dominant on jewellery-backed agriculture loans The organised gold loans expanded at a compound annual growth rate (CAGR) of 25 per cent over the period FY2020-FY2024… 12 months ago
Understanding gold loans and importance of insuring your gold assets It is critical that one gets their gold assets valued by a Bank or approved Valuer before pledging it for… 12 months ago
IIFL Finance to make strong comeback, brokerages confident about company regaining market share IIFL’s gold loan AUM stood at approximately Rs 260 billion as of March 4, 2024, when the ban came into… 12 months ago
Gold Loan Frauds: Crucial red flags and how to stay protected The increase in gold prices has made gold loans a compelling option for individuals. Nevertheless, this surge in interest has… 1 year agoSeptember 7, 2024
Gold loan NBFCs unfazed by price volatility post duty cut As per Indian Bullion and Jewellers Association (IBJA), the price of 24-carat gold, which stood at ₹73,218 per 10 gram… 1 year ago
Gold-loan NBFCs to report growth despite cash disbursement restriction; favourable movement in gold prices to support Growth for gold-loan NBFCs, CRISIL said, has also been supported by favourable movement in gold prices. Moreover, given their robust… 1 year ago
RBI special audit over, IIFL Finance releases Q4 earnings with profit at Rs 430.63 crore, down 5.9% on-year Reserve Bank of India has concluded its special audit of the company, which was initiated in response to significant concerns… 1 year ago
As gold rates surge, could gold loans emerge as the preferred option for borrowers? Gold loans offer a quick and convenient way for individuals to secure funds by pledging their gold jewellery or coins.… 1 year ago
‘Plan to increase gold loan mix to 10%’ Interview: YS Chakravarti, MD & CEO, Shriram Finance 1 year agoApril 29, 2024
Banks’ gold loans start to taper Growing competition, sharp rise in yellow metal prices 1 year agoApril 10, 2024
Canara Bank remains bullish on gold loans The bank, with the biggest portfolio amid all public sector banks, targets double-digit growth. 2 years agoMarch 17, 2024
The Power of Gold Loans: How gold loans can transform financial realities According to RBI data, the gold loan disbursals have almost doubled from Rs 46,791 crore in September 2020 to Rs… 2 years ago
RBI stops IIFL Finance from sanctioning gold loans over ‘material supervisory concerns’ The central bank said that the decision has been taken after noticing ‘material supervisory concerns’ that were observed in the… 2 years agoMarch 4, 2024
Gold Loans below 9%: Check which banks are offering cheapest gold loan Gold loans have emerged as a versatile option for individuals seeking quick access to funds without the hassle of extensive… 2 years ago
Gold-loan NBFCs maintain resilient market share at 60% between Mar 2021 to Sep 2023 despite bank competition Growth in the assets under management (AUM) of gold-loan NBFCs has been driven by three factors: ability to hold on… 2 years ago
9 crucial situations when gold loan can come to your rescue When used judiciously, a gold loan can provide the financial support to anyone who needs it the most during critical… 2 years ago
Your queries: Loans; No need to show ownership proof to get a gold loan I had taken an education loan two years ago and now want to repay the full amount as the interest… 2 years agoDecember 1, 2023
Gold loan rules relaxed: RBI raises LTV limit to 85% for loans up to Rs 2.5 lakh – What it means for borrowers
