Gold Metal Loan Scheme

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Gold loan business is shining as regulatory scrutiny of sector grows

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......

Brokerages bet on largecaps for better returns in 2024

Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Illustration: Dominic Xavier/Rediff.com Even as new......

Glimmers of Mehul Choksi's 'empire' that was built on fraud

A Palanpuri Jain whose father and uncles were also jewellers, Choksi always wanted to be the Vijay Mallya of the diamond world, and chased the larger-than-life image by hiring actresses and models......

Jewellers can now repay part of loan in physical gold

The RBI on Wednesday asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (metal) Loans (GML) in physical gold. As per the......

Covid is driving demand for gold loans from banks

For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal......

Rediff News

Gold Metal Loan Scheme

News for Gold Metal Loan Scheme

Gold loan business is shining as regulatory scrutiny of sector grows

Brokerages bet on largecaps for better returns in 2024

Glimmers of Mehul Choksi's 'empire' that was built on fraud

Jewellers can now repay part of loan in physical gold

Covid is driving demand for gold loans from banks

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