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 ...
12 Oct, 2026, 04.03 PM IST
Poonawalla Fincorp shares soar 8% after Q2 net profit spikes 407% YoY to Rs 375 crorePoonawalla Fincorp reported a 406.8% YoY surge in Q2FY27 net profit to Rs 375 crore, driven by robust NII growth and improving asset qualit...
12 Oct, 2026, 09.51 AM IST
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...
12 Oct, 2026, 07.41 AM IST
Stocks in news: HCL Technologies, DMart, Adani Green Energy, PTC Industries and Anand Rathi WealthIndian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed...
12 Oct, 2026, 06.33 AM IST
Poonawalla Fincorp Q2 profit soars five-fold YoY to Rs 375 crorePoonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The compa...
10 Oct, 2026, 09.41 AM IST
Poonawalla Fincorp Q2 profit surges fivefold as income risesPoonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest i...
09 Oct, 2026, 09.45 PM IST
Poonawalla Fincorp Q2 Results: Profit skyrockets 407% YoY to Rs 375 crore, NII rises 81%Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profi...
09 Oct, 2026, 07.13 PM IST
RBI rate hike: Your home loan EMI just went upThe monetary policy committee (MPC) voted unanimously for the increase and adopted a stance of "calibrated tightening". RBI Governor Sanjay...
08 Oct, 2026, 12.04 AM IST
NBFC credit growth rises to 15.8% in August as gold, consumer durable loans surgeDuring August 2026, non-banking financial companies enjoyed a boost in credit expansion, with gold loans seeing remarkable growth alongside...
07 Oct, 2026, 05.51 AM IST
Yohan and Michelle Poonawalla make strategic investment in Optimized Solutions LtdThe investment will focus on supporting indigenous technology, innovation and advanced manufacturing in areas spanning defence, aerospace, ...
01 Oct, 2026, 01.29 PM IST
Credit card dues, consumer durable loans slow as gold loans surge; RBI data shows shift to secured borrowingIndian households are increasingly opting for secured loans, particularly against gold, which surged significantly. Credit card dues and co...
01 Oct, 2026, 01.28 PM IST
Yohan and Michelle Poonawalla of Poonawalla Group venture into defence sector with strategic investment in Optimized SolutionsThe investment comes at a significant inflection point for India’s defence industry, which has been witnessing a sustained growth in indige...
01 Oct, 2026, 10.10 AM IST
Personal loan growth rises to 16.9% in August: RBIBank credit growth strengthened across major sectors in August, with personal loans rising 16.9% year-on-year to ₹72.9 lakh crore, up from ...
30 Sep, 2026, 07.12 PM IST
Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins IndiaIndian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, o...
30 Sep, 2026, 06.00 AM IST
Taking a gold loan? Key costs, repayment rules, and risks to check before pledging jewelleryCheap, quick and no credit check needed, yet your jewellery could be at risk.
28 Sep, 2026, 01.27 PM IST
UBS upgrades Bajaj Finance shares, LT Finance as it sees NBFCs better placed than banks. Here’s whyUBS upgraded Bajaj Finance to Neutral and L&T Finance to Buy, citing improving asset quality and a revival in unsecured lending. The broker...
23 Sep, 2026, 11.02 AM IST
Which NBFCs will gain the most from rate hike cycle? JM Financial lists top picksJM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing finance companies like LIC Housing...
21 Sep, 2026, 03.53 PM IST