Searched for
GOLDLOANS
Stocks in news: Tata Technologies, L&T, M&M, RIL, Manappuram FinanceMarkets closed with decent gains on Monday amidst volatile trading and mixed cues. Key sectors like banking and IT faced pressure, with cru...- Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- AUM of gold-loan NBFCs to cross Rs 4 lakh crore in fiscal 2027, says reportGold loan NBFCs are set for significant growth. Assets under management are projected to reach over Rs 4 lakh crore by March 2027. This sur...
- With gold prices at record highs, are gold loan lenders a better bet for your portfolio than jewellery makers?Gold's soaring prices are reshaping the Indian stock market, benefiting gold-loan financiers like Manappuram and Muthoot Finance, which are...
- IIFL Finance opens 7 'Shakti' branches on Women's DayIIFL Finance has launched seven new gold-loan branches run by female employees across NCR and MMR in celebration of International Women's D...
- Demand for Gold Loans Surges Over 20% in JuneGold loans saw a surge of over 20% in June 2024 compared to May. Despite RBI's restrictions on cash disbursements, NBFCs transitioned smoot...
- Gold loan demand rises despite cash based disbursement curbs & price fluctuationA Crisil analysis revealed that gold loans grew over 20% in June 2024 from the previous month. Banks and NBFCs maintained an LTV ratio of 6...
- Gold-loan NBFCs poised for growth despite regulatory changes and gold price fluctuations: CRISILGold-loan NBFCs experienced reasonable growth in disbursements due to robust credit demand and operational resilience. The May 2024 RBI adv...
- Manappuram Finance Q1 Results: Profit rises to Rs 555 crore on strong gold loan growthIndian gold-loan provider Manappuram Finance reported a first-quarter profit rise on Tuesday, helped by strong gold-loan growth.
- Manappuram Finance Q4 Results: Profit beats Street estimates on healthy loan growthIndian gold-loan provider Manappuram Finance reported a better-than-expected fourth-quarter profit on Friday, helped by strong loan growth ...
- Gold loans help NBFCs hold their own against traditional banksSays Malvika Bhotika, Director, CRISIL Ratings, “Gold-loan NBFCs have bolstered clientele and managed growth by opening branches in new geo...
- NBFCs may post up to 30% profit rise on strong loan growthNon-banking finance companies (NBFCs) in India are expected to report a 20-30% growth in net profit for the second quarter, driven by stron...
- Gold loan NBFCs set to clock 18-20% growth in current fiscal: CRISIL“Gold-loan disbursements have rebounded sharply in the second quarter of this fiscal after a dismal first quarter,” said Krishnan Sitaraman...
- Gold loan NBFCs to witness 15-18% growth in FY21: CrisilGold loans would be preferred also because NBFCs and banks have tightened their underwriting norms for other loans, leading to cautious len...
- World Bank to invest $35 million in Manapurram FinanceIFC may also provide advisory services to bring global best practices to MFL’s risk management systems and help it build capacity in MSME l...
- Gold-loan NBFCs prefer epaymentsThe diminished role of cash in business will also lower operating expenses. Thomas George Muthoot, director, Muthoot Fincop, said they were...
- Budget 2014: Classify gold loan as a priority sector lendingOur expectations from Union Budget 2014 aim at helping the NBFC sector serve Indians better.
- Leading gold loan NBFCs, including Muthoot Finance and Manappuram, slash interest rates to retain customersMajor gold-loan NBFCs such as Muthoot Finance and Manappuram have cut interest rates to retain customers in the wake of an RBI stipulation.
- Fate of gold loans uncertain under new base-rate regimeA bank official said there would be no hike in gold-loan rates.
Load More
