Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone
Addressing a press conference, post customary post-Budget meeting with Central Board of Directors of the RBI, the Finance Minister said, "I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot
Mumbai (Maharashtra) [India], February 19: Franklin Templeton, a global investment leader and Binance, the world's leading cryptocurrency exchange by trading volume and users, today announced a new institutional off-exchange collateral program, making digital markets more secure and capital-
New Delhi [India], February 12: Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory,
"Banks are mandated not to accept collateral security in the case of loans up to Rs 20 lakh extended to units in the MSE sector. Banks are also advised to extend collateral-free loans up to Rs 20 lakh to all units financed under the Prime Minister Employment Generation Programme (PMEGP) admi
Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, strengthening urban cooperative banks (UCBs), promoting ease of doing business for NBFCs, and deepening financia
Speaking to ANI on Friday, Mohanty said he is hopeful for improved facilities and new schemes to help MSMEs scale up, modernise, and remain competitive in the global market and stressed the need for easier access to credit without collateral as a key priority.
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
"This MoU is very important. I understand that in Delhi, there are lakhs of young people with innovative ideas who want to start a good business, a good job, a good industry, or some initiatives in the service sector. There are many such startups that want to move forward, but there is no
It was highlighted at the conference that over 60% of new retail loan originations now come from semi-urban and rural regions, where gold remains a culturally accepted and liquid form of collateral.
The Enforcement Directorate's probe into the notorious 'donkey' or 'dunki' route case has unearthed crucial evidence, revealing that a key Haryana-based player allegedly took property documents from candidates as collateral for payments to facilitate illegal travel to the US via Mexico.