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Manappuram ends family-led era as Bain brings in a professional MDManappuram Finance will shift to professional management after Bain Capital gained joint control, with VP Nandakumar becoming non-executive...- Muthoot Fincorp appoints four lead managers for IPOIn a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...
- Manappuram Finance Q1 Results: Profit soars four-fold to Rs 585 croreManappuram Finance has showcased a remarkable financial performance in the first quarter, with consolidated profits leaping to Rs 585 crore...
- NBFCs outpace banks in June as cards lose some creditNBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
- MP family gets response from UK debt office on Rs 35,000 loan given to British Empire during WWI in 1917; how much is it worth today, 109 years later?MP Man UK War Loan Claim: A 109-year-old war loan certificate has prompted an Indian family's renewed inquiry into a 1917 loan. The UK's De...
- Gold holds steady after scaling 7-week high, US inflation data in focusGold prices remained stable during the early Asian trading hours on Monday, as investors gear up for significant inflation reports set to b...
- NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBINon-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June...
- NBFC credit surges 14.4% to ₹59.3 lakh crore in June, retail loans lead growth: RBI dataNon-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 perce...
- NBFC gold jewellery loans jump 69 pc in June, fastest across segments: RBI dataNon-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending grow...
- Muthoot Microfin awaits RBI response before raising ECBThe Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...
- RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
- Higher funding costs, rising competition may weigh on Muthoot FinanceMuthoot Finance shares dropped nearly eight percent after reporting lower net interest margins. Loan yields are expected to remain under pr...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- Muthoot Finance shares crash 10% after Q1 results. What Motilal, other brokerages saidMuthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. Whil...
- Muthoot Finance reports 25% rise in Q1 profit, announces leadership transitionMuthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth i...
- Bank credit to industry up 19%, personal loans stay strongBanking credit to industry saw a robust 19% year-on-year increase. Personal loan growth also remained strong, expanding 16% compared to las...
- Gold prices and long-term value: What you should knowLearn what influences gold prices, why gold is often considered a hedge against inflation, and how it can also support short-term financial...
- India's gold demand hits six-year low in Q2 despite record spendIndia's gold demand reached a six-year low in the April-June quarter. Record-high prices and increased import duties significantly reduced ...
- Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
- Godrej Capital aims to grow gold loan book to Rs 5000 crores by 2031Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance's gold loan p...
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