Explore the key factors shaping today’s gold rate in India and understand how gold price fluctuations impact gold loans from ...
The entire microfinance sector is growing in a calibrated manner. In Q3FY25, we disbursed Rs 1,305 crore, a 47% y-o-y drop, ...
As per the World Gold Council's report from January 2023, India stands as the world's second-largest consumer of gold, ...
Looking for quick access to funds? Get funds starting from Rs 5,000 to Rs. 2 crore at competitive gold loan interest rates ...
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 said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.
The RBI had prohibited IIFL from March to September 2024 from sanctioning, disbursing, or selling any of its gold loans ...
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 ...
Muthoot Finance , India's largest gold-loan provider, reported a bigger-than-expected third-quarter profit on Wednesday, ...
Gold loans by commercial banks surged by 68% in the first nine months of FY25 due to rising gold prices. Non-bank lenders also saw a rise in gold loan sanctions. The increase in gold prices has ...
Muthoot Finance’s standalone loan assets under management (AUM) stood at ₹974.87 billion as of December 31, reflecting a 37% year-on-year increase. The rise in AUM signals strong demand for ...