While gold loans still account for a relatively small share of total non-food credit, their proportion has nearly doubled over the past year, indicating a rapid change in borrowing preferences, it said.
Pune (Maharashtra) [India], March 27 (ANI/NewsVoir): Bajaj Finserv, through its subsidiary Bajaj Finance, offers instant loans against gold jewellery, starting from Rs 5,000 to Rs 2 crore.
New Delhi [India], October 13 (ANI): Punjab National Bank (PNB) has slashed interests rates on loans against gold jewellery and Sovereign Gold Bond by 145 basis points as a part of a new range of deals and offers for its customers during the festive season.
Singapore, December 14 (ANI): Moody's Investors Service has affirmed Muthoot Finance Ltd's Ba2 corporate family rating and changed its outlook to stable from negative.
Thrissur (Kerala) [India], Dec 26 (ANI): Manapurram Finance said on Thursday that its financial resources and management committee of the board of directors has approved issuance of private placement of rated, secured and redeemable non-convertible debentures having face value of Rs 10 lakh
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no