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GOLD FINANCE BRANCH EXPANSION PLANS
L&T Finance plans to add 500 gold loan branches annuallyL&T Finance plans to add 500 gold loan branches annually for five years. This expansion aims to reach a network of 2,500 to 3,000 branches ...- Deepa Jewellers IPO Day 2: GMP at 25%, subscription near 90% — Should you subscribe?The Deepa Jewellers IPO enters its second bidding day with 87% subscription on Day 1 and a 25% GMP, indicating strong investor sentiment. P...
- Hormuz will be bypassed in two years: Scott BessentThe Treasury department has taken a more central role in recent weeks in the conflict, with Bessent announcing plans last week to expand sa...
- MyBranch expands Northeast India footprint to 40,000 sq ft across 8 citiesMyBranch has launched its coworking spaces in eight cities across Northeast India, offering an impressive 40,000 square feet of adaptable w...
- Pace of gold loan expansion slows as banks adjust to new regulationsBank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financ...
- Muthoot Finance approves Muthoot Money merger to create larger gold loan businessIn a move to strengthen its market position, Muthoot Finance plans to incorporate Muthoot Money, its wholly-owned subsidiary, into its oper...
- Systematix initiates coverage on 5 affordable housing finance stocks; sees up to 48% upsideSystematix Research has initiated coverage of five affordable housing finance companies with Buy ratings, seeing 28-48% upside from current...
- Delivery boy returned hours later in changed clothes as a robber with a knife to steal from two women, knowing their house didn't have a man; runs away with gold jewelsA Faridabad delivery boy allegedly returned two hours after making a parcel delivery in changed clothes and carrying a knife to rob a woman...
- Priority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?Priority Jewels IPO enters Day 2 with strong investor demand, after the issue was subscribed 1.93 times on Day 1. Retail investors subscrib...
- Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
- Jefferies initiates SBI Funds Management coverage with Buy; sees 26% upsideJefferies initiated coverage on SBI Funds Management with a Buy rating and a Rs 710 price target, implying 26% upside. The brokerage expect...
- A 10% gold rally could create $400 billion in wealth for Indians. Jefferies names stocks set to benefitJefferies sees a 10% gold rally unlocking $20–25 billion in gold-backed loans and boosting household wealth by $400 billion, with Manappura...
- NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
- Senco Gold eyes 25 pc revenue growth to Rs 11,000 cr in FY27This financial year, Senco Gold and Diamonds aims to achieve more than twenty-five percent revenue growth. The company intends to launch ap...
- Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MDIndian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volum...
- Tata, Godrej and now Birla: Big groups aren't just chasing glitterIndia’s gold loan market is emerging as a growth opportunity for financial institutions, with outstanding loans against gold jewellery reac...
- Aditya Birla Capital forays into gold loan business; shares rise 3%Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over t...
- L&T Finance eyes Bengal expansion with 26 new gold-loan locationsL&T Finance plans to add twenty-six new locations by March twenty twenty-seven. This expansion aims to deepen its presence in West Bengal's...
- L&T Finance plans 500 new gold loan branches this fiscalL&T Finance plans to open 500 new gold loan branches this financial year. This expansion aims to increase its network significantly and cap...
- 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...
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