Lok Sabha Election Results LIVE 2019
Latest News on Gold Loans
Showing of 0 - 10 from 14 results
Gold Loans - Total results - 14
Jan 23, 2019
Budget 2019: Levy lower tax rates on cashless transactions to encourage more people to use digital payment modeWhile important steps have been taken to ensure NBFC funding is not affected, a lot more needs to be done to ensure NBFCs get back into the growth mode.
Feb 20, 2018
PNB Rs 11,000 cr fraud: Banks should follow either gold loan principle or asset-based financing to avoid scamsGold loan’s popularity in the country has something to do with craze for the metal and ease of getting the loan sanctioned in just two hours.
Aug 21, 2017
SBI waives off processing fee on car loans fully, 50% on gold, personal loans"To bring more smiles to customers and their dear ones, bank has waived 100 percent processing fee on car loans till 31 December, 2017," SBI said.
Sep 07, 2015
Going to office as a 10-year-old was no chore, says Muthoot Finance MD George MuthootEarlier, loans were taken for personal reasons and now a large chunk of it is availed for business purposes.
May 28, 2013
No loan against gold ETFs, MF, coins and also to buy goldAs a gold consumer, you won't get a loan against gold ETFs, MF and coins. If you plan to buy gold, you can't avail a loan from an NBFC to do so.
May 06, 2013
RBI tightens screws on gold loans by banksAmid a steep fall in gold prices recently and the resultant risks to the system, the RBI on Friday further tightened screws on gold loans by banks, restricting them to finance import of the precious metal only for gold jewellery exporters.
Apr 17, 2012
Gold loan curbs are because of risk concentration: RBIMove to restrict bank exposure to gold loan companies was not prompted by any specific company, says RBI Governor Subbarao.
Mar 26, 2012
RBI blow: Manappuram looks set to lose more than MuthootThe markets have hammered both gold loan companies after RBI's new norms, but Manappuram seems to be worse impacted.
Mar 23, 2012
RBI norms on NBFCs a positive in the long runRBI guidelines will have an overall positive impact on the sector over the long-term, as these will reduce regulatory uncertainties that the sector has witnessed in the recent past and enhance stakeholders' confidence.
Mar 22, 2012
How Mannapuram, Muthoot burst their own bubbleThe existing high net interest margins enjoyed by these gold companies have not only attracted the regulators but also competitor.