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INDIA GOLD LOAN MARKET
Neo Wealth buys a 9.9% stake in Keertana FinservNeo Wealth Partners acquired a 9.9% stake in Keertana Finserv for Rs 230 crore. This investment supports Keertana's expansion in the growin...
Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...
India may have found the key to unlock its $5 trillion sleeping fortuneIndia plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...
Muthoot Fincorp files draft papers for Rs 3,000 cr IPO to boost capital baseMuthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business gr...
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...
Southern banks on a golden lending streak; gold-loan books swell 2xSouth Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold pric...
Gold prices are soaring, but buyers are still stepping up festive purchasesGold prices have surged significantly, encouraging consumers to buy the yellow metal. Expectations of further price increases are driving p...
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsThis is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, es...
Manappuram to end 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...
India likley to launch digital gold regulatory framework next yearThe Indian government is likely to roll out regulations for digital gold in the coming year, backed by discussions involving critical minis...
Manappuram Finance shares jump 3% after Q1 profit soars 4x. Why Jefferies, Morgan Stanley raised target pricesManappuram Finance shares witnessed an uptick on Wednesday after Q1 FY27 profit surged nearly four-fold to Rs 585 crore. Jefferies raised i...
Sebi proposes to bring all bullion trades under vault management rulesIndia's market regulator is taking significant steps to enhance the supervision of its digital bullion market by proposing new vault manage...
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...
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...
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...
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...
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...