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GOLD LOAN GROWTH INDIA
6,500 metric tons incoming in next six months: India opens festive floodgates for silverThe increased allocation could support international silver prices while bringing down elevated premiums in India, where tight supplies hav...
India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
Gold, global equities, largecaps, midcaps and smallcaps: Samco CEO Jimet Modi’s five-way portfolio formulaWith India’s stock market caught between expensive mid- and smallcaps and largecaps that lack strong growth drivers, Samco Securities found...
Surging gold prices take sheen off jewellery sales in festive seasonThe subdued trend followed a 15% year-on-year fall in gold sales by volume during Ganesh Chaturthi a month earlier. Jewellers are now count...
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 croreBajaj Finance expects AUM to grow 26-27% in FY27 as it accelerates customer acquisition and loan disbursements. The lender plans to book 60...
NBFC stocks in focus: Rising funding costs threaten margins despite robust loan growth and asset qualityThe non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset qual...
PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surgePC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. T...
IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumorsIIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...
Bajaj Finance Q2 preview: Profit may jump 29%, NII 24% as strong loan growth lifts earningsBajaj Finance is projecting a remarkable 29% increase in net profit for the July-September quarter, driven by robust loan demand and a boos...
Jewellery retailers expect 22-28% growth in Q2 despite festive calendar shiftLeading jewellery retailers in India, such as Kalyan Jewellers and Titan, experienced substantial revenue growth in the latest quarter. Kal...
Karur Vysya Bank targets 18-20% credit growth in FY27, corporate lending capped at 20%Karur Vysya Bank (KVB) aims for 18-20 percent growth in total advances for the fiscal year 2027. The bank focuses on retail, agriculture, a...
PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here's whyJewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses ...
Beyond Titan and Kalyan: Analysts pick these jewellery stocks as potential market winners. Do you own any?As the festive season approaches, India's gems and jewellery sector braces itself for an influx of consumer demand. Analysts believe that s...
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
Canara Bank has Rs 47000 crore corporate loan pipelineCanara Bank has a corporate loan pipeline totaling Rs 47,000 crore amid rising demand from Indian companies. The bank expects credit growth...
HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, ...
HDFC Bank launches festival offer with host of benefitsHDFC Bank announced the launch of its annual festival offer, with thousands of deals across various services to provide customers with affo...
Borrower took a loan using 103 grams of gold jewels, bank found jewellery fake during a surprise check conducted without his consent, lender ordered to pay gold’s value plus Rs 50,000A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs ...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...