RBI's exclusion of gold loans originated by NBFCs from priority sector lending hurts gold loan companies, increasing their cost of funds. Shares of Muthoot Finance, Manappuram, IIFL Finance drop.

Banks have instructed their branches to ensure that gold loans availed of by customers are repaid and closed, and not renewed ...

The central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority ...

Both options come with their pros and cons. You may decide based on your requirements of funds and how quickly you need it.

Bajaj Finance Limited is excited to announce the commencement of its much-anticipated Loan Fest, running from March 1 to ...

Muthoot Finance’s shares rose 5% after announcing its gold loan assets crossed ₹1 trillion on March 13, 2025. This milestone ...

RBI has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority ...

For the purpose of determining the loan amount, lenders will assess the value of the gold you pledge, primarily its purity ...

The central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority ...

The company's focus will remain on focus sustained growth, customer-centric innovations, and digital transformation to ...