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..

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..

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..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

A Covid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fis..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

ACovid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fisc..

CSB Bank partners IIFL Finance to push gold loans

CSB Bank partners IIFL Finance to push gold loans

Fairfax backed private-sector lender CSB Bank (formerly Catholic Syrian Bank) has entered into a par..

CSB Bank’s gold loans up 60% in Q3

CSB Bank’s gold loans up 60% in Q3

CSB Bank is seeing a boost in its gold loan segment. The Thrissur-based lender’s gold loan portfolio..

Gold loan NBFCs to see 15-18% growth in FY21: Crisil

Gold loan NBFCs to see 15-18% growth in FY21: Crisil

Gold-loan assets under management of non-banking financial companies (NBFCs) could grow 15-18% this ..