Faced with RBI audit, IIFL Finance delays Board meet for earnings release

May 28, 2024

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its...

Reserve Bank bars IIFL Finance from sanctioning new gold loans

Mar 04, 2024

The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans or assigning, securitising, or selling...

Get a Bajaj Finserv gold loan at interest rates starting just 0.83 per cent per month

Mar 09, 2023

Pune (Maharashtra) [India], March 9 (ANI/NewsVoir): To help borrowers get a loan against their gold jewellery, Bajaj Finserv offers gold loans starting just 0.83...

RBI finds irregular practices in loans against pledge of gold ornaments, entities advised to review policy

Sep 30, 2024

RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some entities. It has thus advised...

Indel Money partners with IndusInd Bank for India's first conventional gold loan co-lending partnership

Sep 30, 2021

Mumbai (Maharashtra) [India], September 30 (ANI/NewsVoir): Indel Money, a non-banking finance company (NBFC) pioneering in gold loans, has entered into a first-of-its-kind conventional gold...

Covered bonds likely to pick up with better stakeholder awareness: ICRA

Jun 26, 2021

New Delhi [India], June 26 : Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating...