Over the past decade, the organized gold loan market has seen steady growth, with the total assets under management (AUM) rising by 12 per cent annually to reach approximately Rs 6.2 trillion as of March 2023.
In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.
Pune (Maharashtra) [India], April 19: Those looking to apply for a gold loan from the comfort of their homes can get started with Bajaj Markets, one of India's leading digital financial marketplaces. Get a gold loan at interest rates starting from just 8.88% p.a. with a flexible tenure of up
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures amid concerns over risky debt as gold prices surge, informed a senior official.
The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.
Pune (Maharashtra) [India], January 24: With Bajaj Finserv Gold Loan, get quick access to funds with low-interest rates, no CIBIL Score dependency, and additional benefits.
Pune (Maharashtra) [India], December 26: Bajaj Markets, a subsidiary of Bajaj Finserv, has collaborated with esteemed financial institutions to facilitate access to gold loans with interest rates starting from 8.88% per annum.
Pune (Maharashtra) [India], December 22: For centuries, gold has stood the test of time as a valuable asset. Beyond being a symbol of wealth and prosperity, it is an integral part of various ceremonies, festivals, and traditions in India. In times of financial emergencies, a gold loan can be
Pune (Maharashtra) [India], November 29: In the constantly changing world of personal finance, people are always looking for practical and accessible ways to address their sudden and unexpected financial needs. Among the various financial options out there, gold loans have proven to be a fle
Bangalore (Karnataka) [India], November 7: Muthoot Fincorp Ltd, the flagship company of Muthoot Pappachan Group (Muthoot Blue), recently launched Muthoot FinCorp ONE - the all-in-one digital financial platform. With this launch, customers can now get Gold Loans from Home or at the branch, in
Pune (Maharashtra) [India], October 12: Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with IIFL Finance to offer Gold Loan. With this collaboration, individuals across the country can get easier access to gold loans.
The move is part of various initiatives taken under the leadership of Prime Minister Narendra Modi and the guidance of the Union Home Minister Amit Shah and Minister of Cooperation to strengthen cooperatives and treat them at par with other forms of economic entities, both as beneficiaries a