Latest News for: Gold loans

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Veteran Loan wins at World Cup’s para powerlifting

Vietnam News 12 May 2024
HÀ NỘI -- Châu Hoàng Tuyết Loan brought home one silver and two gold medals from the World Para Powerlifting Organisation's Pattaya World Cup 2024 which ended on May 11 in Thailand.
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Mother's Day 2024: Top 6 ideas to empower your mother with financial independence

Live Mint 12 May 2024
Gold loans can serve as a crucial funding resource in transforming these aspirations into tangible business ideas. Gold loan presents a promising avenue as it guarantees quick and easy approval, needs ...
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Akshaya Tritiya 2024: Should you bet on Gold today? Experts advise caution

Live Mint 10 May 2024
Gold up 1% after US jobs data ... Domestic gold has more than doubled in the last 5 years, and it gained 10 times since 2003 ... Gold loans are fast emerging as a viable loan option, which further enhances the liquidity of the yellow metal.Read here.
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Gold finance companies plunge on RBI cash advisory

The Times of India 10 May 2024
The regulation is expected to slightly reduce the competitive advantage of ...
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TVS Holdings to acquire majority stake in Home Credit India for ₹554 crore

Live Mint 10 May 2024
... and processor opportunities as well,” Venu said.The parent company could also look at cross selling products of TVS Credit, which is primarily into two-wheeler, consumer, and gold loans, he added.
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Gold loan NBFCs see no impact from cash disbursal cap, analysts expect opex rise

Business Line 09 May 2024
“Our highly popular product ‘Online Gold Loan,’ which forms 50 per cent of our gold loan book, follows a fully ...
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Muthoot, Manappuram Finance fall over 8% on RBI's advisory on cash disbursal; here's what it means for gold financiers

Live Mint 09 May 2024
... that while 40 percent of Manappuram's disbursements are conducted in cash and about 56 percent of its gold loan business occurs online, around 40 percent of Muthoot's gold loans are transacted online.
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Sajad Lone’s Election Affidavit: Rs 12 Cr Assets, 30-Year Dispute With MMTC Disclosed

Kashmir Observer 09 May 2024
... a loan in gold given for making ornaments for export ... The parties that availed the loans were supposed to return the principal amount in gold to the corporation while the interest was payable in cash.
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Jairam Ramesh accuses Modi government of 'Hum Do Humaare Do' policy, draining household savings to cronies

Beijing News 09 May 2024
New Delhi [India], May 9 (ANI) ... Meanwhile, loans to households have doubled to Rs 14 lakh crore from Rs 7 lakh crore ... Ramesh blamed the BJP government for exacerbating economic woes, leading to a surge in gold loans, which have surpassed Rs ... (ANI) .
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PH dollar reserves down to $103.4 B end April

Manila Bulletin 08 May 2024
... loans and to fund expenditures ... The NIR refers to the difference between the BSP’s reserve assets and reserve liabilities which are the short-term foreign debt and credit and loans from the IMF.
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Muthoot Finance prices $650-m fixed rate notes at 7.125%

Business Line 08 May 2024
The finance committee of the board of directors of the gold loan company, at its meeting on May 7, approved the pricing, tenure and other terms of the notes under ...
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MODI’S ISLAMOPHOBIC SPEECH SHOWS DESPITE TALL CLAIMS, BJP IS JITTERY ABOUT 2024

Kashmir Media Service 08 May 2024
Families have been forced to sell their gold or take loans by pledging their gold as collateral – a state of distress and desperation ... 60,000 crore worth of gold as collateral. Their gold was auctioned ...
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Stocks to Watch: Dr Reddy's, PB Fintech, L&T, Jaiprakash Associates, JSW Energy, IRB Infra

Live Mint 08 May 2024
JAL has failed to meet its loan repayment obligations on April 30, amounting to ₹4,616 crore ... The company is facing a liquidity crunch as banks have become cautious about lending to it following a clampdown on the non-bank lender's gold loan business.
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