RBI proposes to strengthen gold loan norms

RBI proposes to strengthen gold loan norms

The Reserve Bank of India (RBI) on Wednesday issued a draft circular proposing stronger norms for lo..

RBI plans to tighten rules for gold loans

RBI plans to tighten rules for gold loans

The Reserve Bank of India wants to ensure that lenders do not adopt any regulatory lapses in gold lo..

Women gold loan borrowers see significant rise

Women gold loan borrowers see significant rise

Women borrowers are on a significant rise and they are lapping up more loans against their gold jewe..

Gold loans surge amid RBI worries

Gold loans surge amid RBI worries

Banks have seen a surge in gold loans as prices for the yellow metal have soared and the Reserve Ban..

RBI lifts ban on IIFL Finance’s gold loan biz

RBI lifts ban on IIFL Finance’s gold loan biz

The Reserve Bank of India (RBI) has lifted restrictions on IIFL Finance’s gold loan business.The ban..

RBI warns banks, NBFCs on gold, home loan top-up push

RBI warns banks, NBFCs on gold, home loan top-up push

The Reserve Bank of India (RBI) has warned against the surge in top-up  housing loans and point..

Finance ministry asks PSU banks to review gold loan portfolio

Finance ministry asks PSU banks to review gold loan portfolio

The Finance ministry has directed all state-owned banks to review their gold loan portfolio as insta..

RBI bans IIFL Finance from sanctioning, disbursing gold loans

RBI bans IIFL Finance from sanctioning, disbursing gold loans

The Reserve Bank of India (RBI) has barred IIFL Finance from sanctioning and disbursing gold loans d..

RBI doubles gold loan limit for urban co-operative banks

RBI doubles gold loan limit for urban co-operative banks

The Reserve Bank of India (RBI) has allowed certain urban co-operative banks to double the lending l..

Canara Bank’s Gold Loan Push

Canara Bank’s Gold Loan Push

Bengaluru-headquartered Canara Bank has set up 500 jewel loan shops in its branches to expand its go..

India’s first gold ATM set up in Hyderabad

India’s first gold ATM set up in Hyderabad

If you are in Hyderabad, you can buy gold from an ATM machine. The credit for setting up India’..

SBI’s gold loans cross Rs 1 trillion milestone

SBI’s gold loans cross Rs 1 trillion milestone

Though the Reserve Bank of India (RBI) in its financial stability report raised concerns on consumer..

RBI adds 65 tonnes of gold in FY22

RBI adds 65 tonnes of gold in FY22

If there is anything that has been a safe asset class during this period of turmoil following the Ru..

Shriram City eyes 4-fold growth in gold loan biz in 5 years

Shriram City eyes 4-fold growth in gold loan biz in 5 years

Shriram City Union Finance is looking to grow its gold loan book to Rs 20,000 crore over five years ..

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

State Bank of India, the country’s largest lender with an asset size of over Rs 25 lakh crore, is lo..