Indians are increasingly using gold for credit. Bank loans against gold more than doubled by March 2025. Reserve Bank of ...

Gold loans experienced the most rapid expansion among personal loan offerings, with outstanding loans surging by 87% ...

While the preceding four quarters for the lender were weak, HDFC Bank finally picked up loan growth (rising four percent sequentially) and reiterated its intention to growth in-line with the ...

Gold loans are a reliable and quick way to access funds by pledging your gold jewellery as collateral. Whether you are facing a sudden financial need or looking to manage planned expenses ...

MUMBAI, April 19 (Reuters) - HDFC Bank, India's largest private lender, aims to bring its loan-to-deposit ratio (LDR) back down to its pre-merger levels of 85%-90% in 2026-27, its chief financial ...

SBI cuts its lending rate to make loans more affordable for consumers, bringing down EMIs across various loan types. HDFC Slashes MCLR by 10 Basis Points on Home, Personal, and Vehicle Loans. HDFC ...

2. Gold purity: The pledged gold should have a purity between 18 to 22 karats. 3. Nationality: Only Indian residents are eligible to apply. The loan application process is simple and ...

Pune (Maharashtra) [India], April 18: Bajaj Finance makes it easier for individuals to access funds by offering a quick gold loan through minimal documentation. With gold loan interest rates starting ...

Poonawalla Fincorp Ltd on Monday announced its foray into the gold loan segment. This marks the non-banking financial company’s (NBFC) entry into a new category of secured lending products. The move ...

Bank of Maharashtra reduced the repo rate-linked rate from 9.05 per cent to 8.8 per cent. 2 years 11 months: Cut by 35 basis points 4 years 7 months: Cut by 40 basis points Last Wednesday, April 9, ...

Gold loans essentially provide ... to mandate that lenders do not extend loans where the individual’s ownership of the metal is doubtful. When original receipts may not be available, the ...