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AGRI GOLD
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
- Global uncertainties impact gold loan prices; so CSB will remain cautiousIn light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lendin...
- CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
- ED restores Rs 1,000 cr worth assets to Andhra govt to help Ponzi victimsThe Enforcement Directorate has restored assets worth Rs 7,000 crore to the Andhra Pradesh government, recovering funds duped from investor...
- ED secures court order to restore over Rs 3,300 crore assets to ponzi victimsThe Enforcement Directorate has completed the restitution of assets worth Rs 3,339 crore to victims of the Agri Gold ponzi scheme. The asse...
- ED starts sale of Rs 6,000 crore ponzi scam assetsThe Enforcement Directorate (ED) has started selling attached properties worth over Rs 6,000 crore in the Agri Gold ponzi scam, which affec...
- We will continue to focus on retail growth, deposits and CASA: Shri Ramasubramanian S, Union Bank of IndiaSo, going forward also, we will continue to have a retail growth, retail deposits to a large extent and also a focus on the CASA.Bulk depos...
- Sanjiv Bhasin on his 2 portfolio favourites and why he continues to be bullish on United SpiritsSanjiv Bhasin of IIFL Securities remains positive on Dhanlaxmi Bank and Indiabulls Real Estate, highlighting their potential in the market....
- Gold loans: Banks are eating into NBFCs' market shareGold loan is a high-yielding business with several banks and non-banks charging interest rates upwards of 10-15%. For banks, this is increa...
- Enforcement Directorate attaches Rs 4,109 crore worth of assets in Agri Gold ponzi scam caseThe assets attached provisionally under the Prevention of Money Laundering Act (PMLA) are located in Andhra Pradesh, Karnataka, Odisha, Tam...
- SBI looking to hive off Yono into separate subsidiary: Chairman Rajnish KumarAfter Yono becomes an independent entity, SBI could even become one among its users, Chairman Rajnish Kumar said adding that discussions we...
- SBI facilitates farmers to revise limit on Kisan Credit Card through YONO appKCC review option will help farmers apply for the same in just 4 clicks from the comfort of their homes without any paperwork, SBI said. Th...
- Gold loans shine among small businessesThere is heightened interest for gold loans among borrowers as more farmers, small merchants and businesses kick-start stalled economic act...
- Ponzi schemes: Andhra Pradesh government ready for CBI probe with a riderThe Labour Minister said the HC has already fixed dates for auctioning of Agri Gold properties attached by the government.
- YSRC disrupts Andhra Pradesh Assembly over Agri Gold payment default issueThe House was adjourned twice as the opposition members rushed into the well and raised slogans seeking "justice" for the Agri Gold payment...
- Agri Gold depositors will get their money back: Committee32 lakh depositors of Agri Gold group of cos will get their money back, the Committee constituted by the AP govt said.
- Sebi bars Agri Gold Farm from raising funds from publicSebi today barred Andhra Pradesh-based Agri Gold Farm Estates India from raising fresh capital from the public with immediate effect.
- CCI rejects cartelisation charges against 12 banksA complaint filed by Muthoot Mercantile had alleged that the 12 scheduled commercial banks had entered into an anti-competitive arrangement.
- NMCE unveils 11 new futures contracts in agri, goldThe National Multi Commodity Exchange (NMCE) on Friday launched 11 new futures contracts in agricultural commodities and gold for January, ...
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