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...
Indel Money to raise up to Rs 500 crore via public issue of NCDsIndel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and cl...
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...
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...
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...
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...
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit ShahUnion Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proacti...
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...
Muthoot Microfin awaits RBI response before raising ECBThe Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw do...
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...
RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
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...
Muthoot Finance reports 25% rise in Q1 profit, announces leadership transitionMuthoot Finance reported a 25% year-on-year rise in standalone net profit to Rs 2,550 crore for the June quarter, driven by robust growth i...
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...
India's gold demand hits six-year low in Q2 despite record spendIndia's gold demand reached a six-year low in the April-June quarter. Record-high prices and increased import duties significantly reduced ...
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
Godrej Capital aims to grow gold loan book to Rs 5000 crores by 2031Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance's gold loan p...