Chennai: Elevated gold prices provide an opportunity for borrowers to raise more money for the gold they possess during financial exigencies. Compared to personal loans, for gold loans the cost of ...

Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS) for their financial ...

In Spain, Italy and Portugal, the five largest banking groups recorded, on average and on a consolidated basis, an annualised return on average equity (ROAE) of 15.0%, 15.6% and 18.1%, respectively, ...

IIFL Finance is a non-bank financing company, focused on affordable housing loans, microfinance and other specialised ...

The fair value of non-mining portfolio investments in the corporate and others segment increased by $1.2 million (2023 - $0.9 ...

Central banks have been bolstering their gold reserves since 2020 as global conflict and economic uncertainty persist.

As interest rates decline, it might be smart to buy a few out-of-favor fintech stocks that have resilient business models but ...

Inflation is a natural occurrence in an economy, but inflation hedging can be used to offset the anticipated drop in a ...

The U.S., the third biggest, saw gold demand fall 1.1% to 249 tonnes in 2023. Gupta says interest on gold loans differs based on the characteristics of the gold pledged. However, it is usually more ...

According to a World Gold Council survey in 2023, a “substantial share” of central banks ... commingled or rehypothecated — and cannot be used as collateral for a loan by anyone but you.

6,195 per gram on 28 and 29 October 2023 Rs.6,269 per gram on 29 and 30 November Gold is not merely a matter of investment ... not always lying idle – we also use it as security to get loans, and if ...

Loans against gold jewellery grew at a staggering 51% in September, as against 15% in March, showed data from August. In contrast, personal loans grew at 11.4% in September, the slowest in almost ...