The entire microfinance sector is growing in a calibrated manner. In Q3FY25, we disbursed Rs 1,305 crore, a 47% y-o-y drop, ...
To apply for a gold loan, borrowers need to submit basic documents for verification. These ensure identity, address, and ...
Rising stress in household finance as gold loan non-performing assets increase, government and RBI take steps to mitigate ...
Muthoot Finance, India's largest gold-loan provider, reported a bigger-than-expected third-quarter profit on Wednesday, aided ...
The gold loan portfolio of banks rose by 71.3 per cent year-on-year (Y-o-Y) till December 2024 to Rs 1.72 trillion ...
Shares of Muthoot Finance climbed 7 per cent to hit a high of Rs 2,335 on BSE. The stock is up 31.07 per cent in the past ...
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According to the Union Finance Minister, gold loan gross non-performing assets (GNPAs) surged by 18.14% in banks and upper ...
MUMBAI: Gold loans surged by 71% year-on-year in Dec-end, emerging as the fastest-growing segment within personal loans. Individual borrowings against FDs and shares saw a year-on-year increase of ...
GNPAs for gold loans in SCBs and Upper and Middle-Layer NBFCs rose by 18.14% from March to June 2024, as reported by the Ministry of Finance.
The RBI had prohibited IIFL from March to September 2024 from sanctioning, disbursing, or selling any of its gold loans ...