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LOAN AGAINST GOLD COINS
Kissht parent's AUM tops Rs 8,000 crore in Q1Kissht, the loan app by OnEMI Technology Solutions, witnessed a significant 61% surge in assets under management, reaching Rs 8,001 crore b...- Gold’s sharp correction: What lies ahead for prices?Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest ra...
- Nearly 40,000 Roman coins lay hidden beneath a French village for 1,800 years until archaeologists uncovered themArchaeologists in France unearthed three ancient jars potentially holding over 40,000 Roman coins, dating back 1,800 years. The discovery b...
- Titan expects gold prices to stay elevated, volatile amid global tensionsTitan anticipates elevated and volatile gold prices due to global geopolitical tensions, impacting short-term jewellery demand. However, th...
- 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...
- Corporate loans outpace retailCorporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...
- A man searching a field in England found a 1,700-year-old Roman gold ring so rare that it later sold for £78,000A British metal detectorist, Kevin Minto, unearthed a stunning 1,700-year-old solid gold Roman ring, a find now captivating American audien...
- 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...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- 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 ...
- Bitcoin is boring. Bring on AI, space and JGB tokensForget Bitcoin's struggles; digital tokens representing real-world assets like bonds and stocks are gaining traction. These 'tokenized asse...
- 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...
- Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
- India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
- 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...
- 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...
- 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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