Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter…
Mumbai: Indians are pledging more gold than ever. Outstanding bank loans against the precious metal more than doubled in the year to March 2025, rising 103% from just over Rs…
Bajaj Finance share price hits 52-week high Bajaj Finance share price today: In a remarkable display of market performance, Bajaj Finance has outperformed its Nifty counterparts this year, generating a…
MUMBAI: Loans against gold jewellery by banks have grown by 50.4% in the first seven months of the current financial year. The sharp increase comes even as credit in every…