Gold loans are secured loans where borrowers pledge their 18-22 karat gold jewellery as collateral to access funds. This form of borrowing is advantageous due to its swift processing, minimal ...
He also referred to a report by Cibil and NITI Aayog, which showed that nearly 40% of all credit issued to women was in the form of gold loans. The number of women forced to pledge their jewellery ...
MADURAI: A recent policy change introduced by the Reserve Bank of India regarding repayment of jewel loans has cast a new ...
Reserve Bank of India (RBI) plans to ask banking lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing ...
(Image/Reuters) Following a surge in demand for gold loans, Muthoot Finance has raised its assets under management (AUM) growth guidance for the fiscal to 40%, from 25-30% earlier. Last week ...
Credit extended to borrowers for loans against gold jewellery rose sharply in January, coinciding with record rise in gold prices, with gold loan portfolio rising by 76.9 percent in January 2025 ...
This special event offers customers an excellent opportunity to access gold loans with amounts up to Rs. 2 crore at highly competitive interest rates, starting from just 9.50% per annum.
The Congress on Tuesday flagged the issue of rise in gold loans and claimed that the Indian economy is "deep in a Modi-made crisis". Citing the February RBI figures, Congress national secretary in ...
What you should know before deciding to use a credit card or loan to buy gold A shopper looks at the window display in a jewellery shop in the Gold Souk. For the first time, Gulf News Dubai ...
The substantive credit value of gold makes it a solid investment tool in various financial deals because of its ability to serve as loan security despite its aesthetic appeal. This investigates ...
Farmers said land has been placed under the wrong category in the portal as a result of which they are unable to procure loans. A Eswaramoorthi, Perur taluk secretary of Tamil Nadu Vivasayigal ...