P eople have been exchanging gold for currency for a long time. Besides its symbolic value, gold is important as a stable ...

However, for Deepak Abbot and Nitin Misra, the conviction of creating a business built around home-delivered gold loan services came after several ideas were dismissed, junked and reshaped. “We ...

India's Manappuram Finance reported an unexpected growth in second-quarter profit on Tuesday, as strong performance in its mainstay gold loan segment offset higher provisions.

A private gold finance firm's manager in Hyderabad has been arrested for siphoning off Rs 1.24 crore by stealing customers' ...

New Delhi: Manappuram Finance, an Indian gold loan company, has launched a campaign titled “Spread happiness” for Diwali. The ...

In Q2FY25, the bank reported a net profit of ₹4,014 crore, marking an 11.3% year-on-year increase from ₹3,605 crore, largely ...

Private sector lender CSB Bank, which has 44 per cent share of gold advances in its overall loan book of ₹26,871 crore as on September end, is compliant with the regulatory norms on extending ...

MUMBAI: The Reserve Bank has been on a localisation spree in recent years when it comes to storing 854.7 tonne of its gold ...

Revenue from the company's gold loan portfolio rose about 21% to Rs 1,856 crore, contributing about 70% of overall revenue ...

A case in point is IIFL Finance, whose gold loan portfolio plummeted from ₹23,354 crore in FY24 to ₹10,979 crore in Q2FY25—a sharp decline of over 50%. When lending is restricted ...

After the Reserve Bank of India (RBI) lifted the embargo on IIFL Finance’s gold loan business on September 19, 2024, the non-banking finance company is gradually re-building this business ...

Abstract People are now looking for personal loans in more significant numbers to cover their increased bills. Personal loans ...