Latest News for: Gold loans

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News Round-Up

The Daily Sceptic 06 May 2024
Tristram Hunt bowed before Ghanaian king before handing back ‘looted’ gold” – A landmark loan deal to an African king offers a glimpse of what may be the future of the Benin Bronzes, says Craig Simpson in the Telegraph.
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Ghanaian king hopes future Labour government would return gold treasures for good

AOL 05 May 2024
An African king is seeking to permanently keep golden treasures loaned to him by the British Museum and the V&A in a landmark deal ... They were handed over last week as part of a three-year loan.
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Factory owner, three others arrested for robbing gold

The News International 04 May 2024
The Preedy police on Saturday caught the suspects who robbed gold from the Saddar Sarafa Bazaar a week ago ... The officer said the suspects claimed that they had planned to repay their loans with the gold they had robbed.
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KCR slams Congress for not implementing poll promises

The Siasat Daily 04 May 2024
He asked whether the Congress’ promises of Rs two lakh farm loan waiver, Rs 2,500 for women and one tola gold for young women at the time of marriage are being implemented to which the gathering replied in the negative.
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Ensuring Financial Stability With Gold Loans

Business Line 03 May 2024
Gold loans have recently emerged as a compelling financial solution in India ... This inherent value of gold can be leveraged through gold loans. Here, your gold holdings serve as collateral for the loan.
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South Indian Bank net profit jumps 38% to ₹1,070 crore in FY24

Business Line 02 May 2024
According to P.R. Seshadri, Managing Director & CEO, the bank registered growth across segments, with a focus on quality assets in verticals such as Corporate, SME, Auto Loan, Credit Card, Personal Loan, and Gold Loans ... ....
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Signal Gold Announces 2024 First Quarter Results

ACCESSWIRE 02 May 2024
TORONTO, ON / ACCESSWIRE / May 2, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX.SGNL)(OTCQX.SGNLF) is pleased to report its business and financial results for the three months ended March 31, 2024 ("Q1 2024") ... Signal Gold Inc.
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RBI cautions banks on gold loan disbursals through fintech startups

The Times of India 01 May 2024
RBI cautions banks on gold loan disbursement concerns ...
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CAG’s Rs 1.76 lakh crore 2G spectrum ‘presumptive loss’ contestable: Ex-RBI Governor Duvvuri Subbarao

Financial Express 01 May 2024
And of course, I also had the dubious distinction of signing away the papers that mortgaged our gold for a temporary loan,\u201d Subbarao said.
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Banks notch up 16.3% credit growth in FY24

Business Line 30 Apr 2024
... including personal loans (excluding housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery) and credit card receivables exposures by 25 percentage points.
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Fino Payments Bank reports highest-ever quarterly net profit at ₹25 cr in Q4

Business Line 30 Apr 2024
... debit cards, third party products including insurance and gold loans, business correspondent banking and cash management Services.
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Bajaj Finance’s consolidated PAT up 21% in Q4, margins shrink 21 bps

Business Line 25 Apr 2024
AUM growth of rural B2C--excluding gold loans--has been brought down from 25 per cent in Q4 FY23 to 6 per cent in Q4 FY24, the NBFC said, adding that it remains “watchful on risk ...
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