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...
22 Jan, 2026, 05.36 PM IST
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...
16 Sep, 2025, 10.24 AM IST
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...
09 Mar, 2025, 04.33 PM IST
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...
17 Aug, 2024, 09.42 AM IST
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...
16 Aug, 2024, 08.52 PM IST
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...
16 Aug, 2024, 03.42 PM IST
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.
13 Aug, 2024, 05.07 PM IST
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 ...
24 May, 2024, 07.18 PM IST
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...
03 Jan, 2024, 04.54 PM IST
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...
09 Oct, 2023, 12.17 AM IST
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...
12 Oct, 2021, 03.14 PM IST
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...
28 Oct, 2020, 06.09 PM IST
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...
28 May, 2019, 04.24 PM IST
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...
28 Nov, 2016, 01.45 PM IST
Budget 2014: Classify gold loan as a priority sector lendingOur expectations from Union Budget 2014 aim at helping the NBFC sector serve Indians better.
04 Jul, 2014, 03.51 PM IST
- Leading gold loan NBFCs, including Muthoot Finance and Manappuram, slash interest rates to retain customers
Major gold-loan NBFCs such as Muthoot Finance and Manappuram have cut interest rates to retain customers in the wake of an RBI stipulation.
11 Aug, 2012, 10.51 AM IST
Fate of gold loans uncertain under new base-rate regimeA bank official said there would be no hike in gold-loan rates.
03 Jul, 2010, 12.23 AM IST