Gold loan eligibility in Delhi depends on purity, LTV and KYC
Borrowers in Delhi seeking a gold loan need gold jewellery of 18 to 22 karat purity or coins up to 24 karat, with the loan amount determined by the metal's assessed value…
All posts tagged in gold loan
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Fintech aggregators reshape India’s gold loan distribution networks
Fintech aggregators are changing how customers discover and compare gold loan options, even though the final transaction still requires physical collateral verification. Borrowers now research products online, compare borrowing costs, and evaluate…
BofA picks Muthoot, IIFL bonds over Shriram, Manappuram
Bank of America has retained an 'Overweight' rating on bonds of Muthoot Finance and IIFL Finance, citing strong earnings momentum and attractive spreads. The brokerage has kept Muthoot Finance and IIFL Finance…
Aditya Birla Capital to open 1,000 gold loan branches in 3 years
Aditya Birla Capital on Thursday announced it will enter the gold loan business and open 1,000 branches in three years. It plans to open up to 300 branches by the end of…
Aditya Birla Capital enters gold loan business, targets 1,000 branches
Aditya Birla Capital has announced its foray into the gold loan business, aiming to open 1,000 dedicated branches across India within three years. The company plans to roll out 200 to 300…
Bajaj Finance gold loan checklist explains interest rate factors
The Assam Tribune published a checklist by Bajaj Finance explaining how gold loan interest rates affect total repayment costs. The article states that even a small rate difference can significantly increase borrowing…
Godrej Capital to co-lend gold loans with Indel Money
Godrej Capital will co-lend gold loans with Indel Money, starting with an initial book size of around Rs 200 crore, according to ETBFSI. Godrej Capital will retain 80 per cent of the…
Gold loan lender Muthoot Fincorp files for Rs 3,000 crore IPO
Muthoot Fincorp Ltd, part of the Muthoot Pappachan Group, has filed a Draft Red Herring Prospectus with SEBI to raise Rs 3,000 crore through an initial public offering. The IPO is entirely…
Manappuram names Ashish Singh CEO from January 2027
Manappuram Finance has appointed Ashish Singh as its managing director and chief executive officer from January 1, 2027, for a five-year term. Singh, who has more than 25 years of retail banking…
Godrej Finance buys Kanakadurga’s gold loan book for Rs 280 crore
Godrej Finance has acquired the gold loan business of Kanakadurga Finance, which includes a portfolio of Rs 280 crore in assets under management. The deal covers about 12,000 customers, 54 operational branches…
