What could be seen as rising stress in the household finance, non-performing assets (NPA) pertaining to gold loans increased over 21 per cent for scheduled commercial banks (SCBs), a reply by ...
Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate ...
India’s Adani Group has decided to withdraw its wind power deals with Sri Lanka, the company said in a letter to the island ...
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The Reserve Bank of India (RBI), on September 30, 2024, directed all supervised entities to conduct a thorough review of their gold loan policies, identify gaps, and initiate corrective measures ...
The Indian rupee and stock markets are set for further weakness as a slowing domestic economy and an unfavourable external environment weigh on investor sentiment.
Muthoot Finance , India's largest gold-loan provider, reported a bigger-than-expected third-quarter profit on Wednesday, ...
The Reserve Bank of India also does not expect a dramatic climb for the sector's bad loan ratio, predicting it will rise to 3% by March 2026 from a 12-year low of 2.6% in September 2024.
The gross non-performing assets (GNPAs) pertaining to gold loans in scheduled commercial banks (SCBs) and Upper and Middle-Layer non-banking financial companies (NBFCs) have increased by 18.14% ...
Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,129.78 Indian Rupees (INR) per gram, up compared with the INR 8,083.86 it cost on Friday.
India’s Adani Group has decided to withdraw its wind power deals with Sri Lanka, the company said in a letter to the island ...
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