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LOAN AGAINST GOLD UPI
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...- Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 gramsGold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finan...
- In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
- UPI volume eases 2.1% in June to 22.72 billion from May peakUPI processed 22.72 billion transactions in June, a slight dip from May's record, but daily averages hit an all-time high. Despite fewer da...
- NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
- Microfinance Institutions' AUM projected to grow 20% in FY27: CrisilMicrofinance institutions are poised for significant growth, with assets under management expected to surge by 20% in FY27. This accelerati...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- India launches UPI in GreeceIndia's digital payment system, UPI, has expanded its global reach with a launch in Greece. This move allows eligible customers instant, se...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%Any long-term investor knows that corrections are part of every bull run. But it is important that they be aware whether the correction is ...
- PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
- From QR codes to fraud risks: 7 essential UPI facts every user should knowWe begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital...
- Gold price fall triggers margin calls on bullet loansA significant drop in gold prices has led to margin calls on some gold loans, particularly those with bullet repayments. Loans requiring re...
- Mind the gap: Financial products that women in India need but don’t haveIf India is serious about women-led growth, it must move beyond credit access and design finance for the agency of women.
- Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...
- BHIM eyeing govt schemes, products to boost business growthLalitha Nataraj, chief executive officer of NPCI BHIM Services Ltd (NBSL), said the company is targeting largely untapped user segments and...
- Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian reportA report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
- PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: ReportPublic sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. Whi...
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