Gold Loans News

The Budget Session of Parliament began on January 31, with President Droupadi Murmu addressing a joint sitting. During her speech, President Murmu expressed confidence in fostering positive discussions within the new Parliament building. She highlighted the accomplishments of the Centre, emphasizing ...

India's financial landscape is witnessing a transformation, led by the fintech and digital lending industry, set to reach a staggering market size of $720 billion by 2030. Among the key players driving this growth is the gold loan industry, a sector ...

In the realm of secured loans, gold loans have emerged as a popular option for individuals seeking immediate financial assistance. A gold loan, as the name suggests, is a type of loan where gold articles are used as collateral to borrow ...

As a nation that holds a deep-rooted affection for gold, India has a unique relationship with this precious metal. It is not just a symbol of wealth and prosperity, but also a trusted means of financial security. In recent years, gold ...

The Reserve Bank of India's (RBI) Monetary Policy Committee meeting (MPC) which concluded on Friday made an important announcement with respect to gold loans that can be granted under the bullet repayment scheme in a bid to incentivize Primary (Urban) Co-operative ...

India Ratings and Research (Ind-Ra) believes that auctions by gold loan non-bank finance companies (NBFCs) would normalise in 4QFY22, as gold prices have stabilised since October 2021, after periods of corrections seen since December 2020, along with normalcy returning in business ...

Shares in Muthoot Finance are soaring. In trade on Thursday, the stock was up a solid 8.21 per cent in trade. The biggest trigger for the stock was the solid numbers the gold loan company reported for the quarter ending March ...