Choosing between a gold loan and a personal loan can be tricky. Understanding the differences can help you make an informed decision for your financial needs
To attract more retail customers, the return is 8.25-8.60 per cent, which is 35-50 basis points more than its last issue
The lending market in India grew to Rs 174.3 lakh crore in March 2022, up by 11.1 per cent on an annual basis, as compared to March 2021. All sectors suffered momentarily in the second wave of covid in Q1 FY 2022, but have...
Gold loans in India are a popular option for financial assistance during tough times. Here are the rates from five of the largest banks in India and their offerings on gold loans.
Gold is considered a store of value, so it is often used during emergencies. However, you need not sell gold to meet such expenses because you can take a bank loan against it
In times of uncertainty and crisis, Indians often take gold loans, despite the social stigma attached. Here are a few things to keep in mind before pawning your gold for some emergency cash
Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Telangana were the top five states with the most female borrowers for retail loan products.
In terms of value, gold demand dropped 12 per cent to Rs 61,550 crore in the January-March period.
The company, which has a strong gold loan franchise in south India, on Tuesday, announced the launch of its gold loan product across 70 branches in Punjab,...
Silver also rallied Rs 710 to Rs 72,028 per kg from Rs 71,318 per kg in the previous trade
Gold loan portfolio across banks has jumped by more than 89 per cent year-on-year to Rs 60,700 crore in FY21 and Rs 70,900 crore in the first nine months of...
Once seen as source of financial security, families are finding it tough to release pawned jewellery from gold loan companies, which resort to auctioning. ...
Alexander George Muthoot, joint managing director of The Muthoot Group, talks about the recent trends seen in the sector and says that gold monetisation has...