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India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...- PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrificesAmidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold moneti...
- As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...
- RBI allows banks higher acquisition financing limitIndian banks can now finance company acquisitions. The Reserve Bank of India has allowed lenders to fund up to 20% of their capital for the...
- Ministry of Home Affairs restores Rs 100 crore project approval powers to Ladakh LGThe Union Ministry of Home Affairs has reinstated powers for Ladakh's lieutenant governor. This allows appraisal and approval of projects u...
- Commercial lending up 11 pc in Sept qtr, delinquencies decline to 2-year low: ReportAccording to a credit information company's report released on Wednesday, the commercial credit portfolio expanded by 11 percent in the Sep...
- Bank lending up 16.3% in June: Indians in the mood to buy, drive credit growthIn aggregate terms, bank loans advanced 16.3% in June. Retail loans climbed more than a fifth on year, supported mainly by home and vehicle...
- RBI allows banks to lend up to 90% against gold; Muthoot, Manappuram slip up to 10% from day’s highThe RBI hiked the loan-to-value ratio on gold loans to provide relief to borrowers looking to take gold loans to mitigate the urgent financ...
- Stashfin gets $5 million in Pre-Series AOther investors in the startup include Vibhav Dhawan and Praveen Malhotra, managing partners at executive search firm Positive Moves, Avend...
- Innoven Capital has Rs 300 crore for startupsInnoven Capital expects a two-thirds increase in its deal count as it hopes to lend up to Rs 300 crore to startups by the end of this year.
- Venkat Panchapakesan, YouTube's India-born top techie, loses battle to cancerYouTube's engineering chief, Venkat Panchapakesan, passed away in Silicon Valley, where he worked his way through Yahoo and Google, among o...
- Infrastructure bonds: Bank can lend up to Rs 10 lakhThe RBI said boards of the banks should lay down a policy in this regard prescribing suitable margins, purpose of the loan and other safegu...
- Karvy Finance enters commercial vehicle finance space, even as big players go slowThe city-based lender will lend up to Rs 10 lakh for a tenure of one to five years to assist the purchase of small CVs, it said in a releas...
- PayPal founder seeking JPMorgan-style longevity with startupAffirm, which has raised $45 million in venture funds, aims to capitalize on millennials' antipathy to credit cards.
- Spectrum Auction: SBI to lend up to Rs 10,000 crore to six telecom company winners of airwavesSBI decided to lend up to Rs 10,000 cr to six telecom companies that won airwaves in the bandwidth auction concluded last week, but will li...
- Banks allowed to lend up to Rs 1 lakh against gold jewelleryReserve Bank has allowed banks to sanction loans of up to Rs 1 lakh against pledge of gold ornaments and jewellery.
- New panel comprising LIC, IIFCL and IDFC to ease infrastructure fundingThe government will soon provide single-window clearance that will allow state -run insurance companies to fund infrastructure projects in ...
- ADB to lend $250 mn to three Indian statesThe Asian Development Bank will lend up to USD 250 million (about Rs 1,124 crore) for protection of coastlines in Goa, Karnataka and Mahara...
- India to lend up to $10 bn to IMFIndia on Friday said that it will lend up to $10 billion to the International Monetary Fund to make funds available to countries in need.
- Sensitive sector lending up 66% in FY06Banks’ exposure to sensitive sector has moved up by 66% in FY06 compared to 30% growth in total loans.
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