Despite its importance in Indian life, there are restrictions on how much gold individuals can hold. According to income tax laws in India, married women are allowed to hold as much as 500 grams of ...

BankBazaar has secured Rs 55 crore ($6.44 million) in fresh funding from a group of investors, including Muthoot Fincorp and ...

Married student loan borrowers on income-driven repayment (IDRs) appeared to no longer have to worry about the possibility of an increase in the size of their monthly payments, according to Forbes.

The Reserve Bank of India’s (RBI ... Finance companies involved in gold loans accumulated Rs 4,784 crore NPAs as against Rs 3,904 crore last year, the RBI said in its reply to an RTI application filed ...

MUMBAI, April 15 (Reuters) - Indian government bond prices jumped to over three-year highs on Tuesday, led by short-end gains after the Reserve Bank of India announced yet another liquidity injection.

Choksi and his nephew Nirav Modi, fled the country after causing a massive scam of Rs 13,000 by defrauding Punjab National Bank (PNB ... India's attempts to extradite him. But the Indian agencies made ...

Gold has long been considered a safe and reliable investment in Indian households. It’s also widely used as collateral for loans, especially during financial emergencies. However, significant changes ...

The Reserve Bank of India (RBI) announced the plan of new rules for gold loans, after which there has been a stir in major gold loan companies Manappuram Finance and Muthoot Finance etc.

The bank had even issued a no dues certificate and executed release deeds in their favour for the mortgaged properties, they said. Vardhaman Enterprises had taken a loan from the bank in Gujarat ...

Shares of Muthoot Finance slumped over 6 percent on Friday, April 11, following the Reserve Bank of India’s release of draft guidelines on gold-backed loans—a move that spooked investors and ...

Fluctuations in repo rates, inflation, and policy updates from the Reserve Bank of India also influence lending rates. As market conditions shift, gold loan interest rates may be adjusted ...

In Indian homes ... value and tradition, gold can also work as a useful financial tool. In times of need, it can give you access to money and prove to be a valuable resource. A gold loan is a kind of ...