Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. Illustration: Dominic Xavier/Rediff.com This resurgence is primarily driven by strong......

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO in money laundering case

The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as......

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......

Gold Loans On RBI, Finance Ministry Radar

Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......