(Image/PTI) Bank of India (BoI) on Friday posted a 35% jump in its net profit to Rs 2,517 crore for the December quarter on account of a decline in bad loans, rise in net interest income and ...

According to data on sectoral deployment of bank credit released by RBI, gold loan portfolio of banks rose to Rs 1.7 lakh crore as on Dec 27, 2024. This reflects a 71% increase from the previous ...

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 ...

According to data on sectoral deployment of bank credit released by the RBI, the gold loan portfolio of banks rose to Rs 1.72 lakh crore by December 27, 2024. This reflects a 71% increase from the ...

Gold loans have become the fastest-growing category within personal loans, skyrocketing 71 percent year-on-year as of December 27, 2024, according to the Reserve Bank of India (RBI). The total ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate ...

When shopping for a gold loan, compare rates from multiple banks and NBFCs before applying. Take a look at the latest interest rates on gold loans.

Indian benchmark indices ended lower on Friday, reversing early gains as earnings slowdown concerns outweighed optimism about lower U.S. rates and declining oil prices. Pharma, real estate, and auto ...

Stock Market LIVE Highlights| A small green candle was formed on the daily chart with a long lower shadow. Technically, this ...

The slower growth in unsecured loans has likely led borrowers to turn to gold loans as an alternative,” said Velonie. In November 2023, the Reserve Bank of India (RBI) increased risk weight for ...

The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on loans to commercial banks. Inflation can be managed using the repo rate, while ...