Gold loan rates are not likely to come down for borrowers even as the Reserve Bank of India (RBI) cut the repo rate in January, according to George Alexander Muthoot, managing director (MD ...
Manappuram aims to deliver 15-20% gold loan growth in the foreseeable future versus its earlier guidance of 12-15%. The company is in discussion with the Reserve Bank of India for branch openings.
Chennai: Having bought 73 tonnes of gold, the Reserve Bank of India was the third largest purchaser ... Bank of England to secure a $405 million loan. Despite paying back the loan in the same ...
As per the World Gold Council's report from January 2023, India stands as the world's second-largest consumer of gold, ...
Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate ...
The Reserve Bank of India resumed its gold buying in January, after a December pause, adding 2.8t to its reserves. Click to ...
State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based ...
Panic ensued among customers of New India Cooperative Bank in Mumbai ... bars the Mumbai-based bank from granting loans, accepting deposits, or allowing withdrawals due to supervisory concerns ...
What to make of the New India Cooperative Bank fiasco? Image: Express Photos What to make of the New India Cooperative Bank fiasco? Banking sector veterans say this is not new. These developments ...
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.
Determined by a combination of factors including international market behaviour, demand, supply and inflation, among others, gold prices in India are ... such as bank lockers or secure vaults ...