Gold Loan News Monitoring

Banks to gain from RBI’s draft gold-loan norms: KVB chief

The Reserve Bank of India’s draft guidelines to set up a harmonised regulatory framework for gold loans will help banks gain a larger share of the market at the cost of non-banking finance companies (NBFCs) due to competitive pricing, said B Ramesh Babu, …

SBI employee arrested for Rs 2.2 crore gold loan fraud

Fake gold loan scam in Panchkula: No bail for accused jeweller

A local court has rejected the regular bail application of a jewellery shop owner who was booked in as many as 26 FIRs between 2022 and 2023 in connection with securing gold loans against fake jewellery. Of the total 26 FIRs against the accused, 22 were …

Muthoot Finance could raise $750 million via ECBs in FY26

As per the latest gold price, the loan-to-value ratio of the NBFC stands at below 60 per cent, Muthoot said, sharply lower than regulatory ceiling of 75 per cent. | Photo Credit: rvimages Gold loan major, Muthoot Finance could raise up to $750 million via …

Gold loan rules: 9 proposals made by RBI in the draft guidelines and how they may impact your borrowing

The Reserve Bank of India (RBI) has issued draft guidelines outlining the procedures for banks and non-banking financial companies (NBFCs) to issue gold loans to individuals. The draft guidelines seek to establish uniform rules and regulations for getting …

Film lover & gold loan fraud accused scripts escape with obituary, Kerala police add twist

Cinema was his dream. Wanted for fraud, a man from Kottayam, Sajiv, scripted his way out in a filmy way. He published his own obituary. That would end it for once and all, so he hoped. Kottayam police, who were in pursuit, rewrote the script and arrested …

Bajaj Markets Facilitates Access to Affordable Gold Loans

Pune, May 16 — Users can now apply for a gold loan online through Bajaj Markets, where interest rates start from 8.88% p.a, with flexible repayment tenures of up to 3 years. The application process is straightforward, requiring minimal documentation, and …

Shah Rukh Khan and Muthoot FinCorp team up to make gold loans effortless with new campaign

Muthoot FinCorp Ltd, the flagship financial services arm of the Muthoot Pappachan Group, has launched a fresh advertising campaign featuring Bollywood actor Shah Rukh Khan. The three-part film series presents a humorous take on the often-complicated …

Fintechs lose loan steam; Google’s AI platform shift

Happy Wednesday! Digital lenders bore the brunt of the unsecured lending slowdown last fiscal. This and more in today’s ETtech Morning Dispatch. Also in the letter: ■ Changing AI market paradigm ■ Nazara’s latest buy ■ 247VC unveils its India-focussed fund …

Bajaj Finance Adopts Pennant’s Cloud Lending Technology

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bajaj Finance has upgraded its digital systems by switching to Pennant Technologies’ cloud-based lending platform. The …

Sree Thyagaraja Co-op Bank crosses Rs 1,000cr business, aims for Scheduled Status

One of Karnataka’s fastest-growing urban cooperative banks, Bangalore’s Sree Thyagaraja Cooperative Bank has crossed a significant milestone with a business mix exceeding Rs 1,000 crore. The bank now aims to achieve Rs 1,000 crore in deposits alone to …

How Bajaj Finance stands to gain by moving 50 million loan accounts to cloud

How Bajaj Finance stands to gain by moving 50 million loan accounts to cloud Bajaj Finance Ltd has completed a major digital transformation by migrating its entire lending operations to a cloud-based platform developed by Pennant Technologies. This move, …

Scam alleged in Andaman & Nicobar Co-op Bank; social media erupts

A social media campaign under the hashtag #SaveAndamanCooperativeBank has triggered a political storm in the Andaman & Nicobar Islands, with allegations of large-scale corruption and mismanagement in the Andaman & Nicobar State Cooperative Bank ( …

Karnataka bank staffer takes loan against 3.6kg of stolen gold, arrested

Inspired by the movie 'Lucky Baskhar,' a Catholic Syrian Bank employee in Davanagere, T P Sanjay, has been arrested for misappropriating gold and securing fraudulent loans. Sanjay, a gold loan officer, allegedly stole 3.6kg of gold worth Rs 1.8 …

‘If NBFCs are restricted, borrowers may go back to moneylenders,’ says George Alexander Muthoot

Muthoot Finance, which reported a 43% jump in its standalone Q4 profit, driven by a strong growth in gold loan portfolio, is maintaining a conservative growth outlook for FY26. Managing director George Alexander Muthoot speaks to Narayanan V about gold …

More data access, and a new way of lending

Image: Chaitanya Surpur Make a loan to a salaried employee and the underwriting process is straightforward. A salary slip provides income proof, an Aadhaar number checks the person’s identity and credit bureau scores contain information on past behaviour. …

Dodwell & Co. Brokers First Financially Settled Asia Pacific Coal Swap Using Sceats-Coal.Report Indices

LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Independent brokerage firm Dodwell-Broker.Net has successfully brokered the first financially settled OTC coal swap in the Asia Pacific region based on the SCR#4 index, marking a major …

Dodwell & Co. Brokers First Financially Settled Asia Pacific Coal Swap Using Sceats-Coal.Report Indices

LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Singapore, 21 May 2025 – Independent brokerage firm Dodwell-Broker.Net has successfully brokered the first financially settled OTC coal swap in the Asia Pacific region based on the SCR#4 …

Dodwell & Co. Brokers First Financially Settled Asia Pacific Coal Swap Using Sceats-Coal.Report Indices

LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Independent brokerage firm Dodwell-Broker.Net has successfully brokered the first financially settled OTC coal swap in the Asia Pacific region based on the SCR#4 index, marking a major …

Leading Silver Expert, and Bestselling Author of The Great Silver Bull to Speak at Mining Investing Boot Camp

Peter Krauth, editor of Silver Stock Investor Joins List of Experts for 5-Day Free Investor Boot Camp Hosted by The Equity Explorers VANCOUVER, B,C,, CANADA, May 21, 2025 /⁨EINPresswire.com⁩/ -- The Equity Explorers (https:// …

ReconAfrica Announces the Appointment of Mark Friesen as Managing Director, Investor Relations and Capital Markets, an ...

CALGARY, Alberta, May 21, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an update to its investor relations contact, an update on the …

Oroco Resource Corp. Announces Live Shareholder Townhall

VANCOUVER, Canada, May 21, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF) (“Oroco” or “the Company”) is pleased to invite shareholders, investors, and members of the public to a live virtual Townhall hosted by the Company’s …

APA Corporation Declares Cash Dividend on Common Shares

HOUSTON, May 21, 2025 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares. The dividend on common shares is payable Aug. 22, 2025, to stockholders of record on …

Habermann Aurum Pumpen to Join upcoming XVII Scientific & Technical Conference on Gravel & Sand Mines, Gdansk, Poland.

Discover the latest in mining tech as Habermann Aurum Pumpen GmbH showcases innovative pump solutions at a top gravel and sand industry event in Gdansk, Poland. BOCHUM, NRW, GERMANY, May 21, 2025 /⁨EINPresswire.com⁩/ -- In furtherance of our …

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

BULGOLD Announces Annual General and Special Meeting Voting Results

TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce the voting results from its Annual General and Special Meeting of the holders (“Shareholders”) of common shares of the Company that was …

Stallion Uranium Provides Corporate Update

VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to provide shareholders with a general corporate update, including an update on its …

American Lithium Mourns the Passing of Board Member Carsten Korch

VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces with deep sorrow the passing of Carsten Korch, esteemed Independent Director and …

Endeavour announces pricing of US$500.0 million 5-year senior notes

         NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. PERSONS INTO WHOSE POSSESSION THIS DOCUMENT COMES ARE REQUIRED TO INFORM THEMSELVES ABOUT, AND TO OBSERVE, ANY SUCH …

Which Cloud Mining Is Legit? Hashfly Unveils 2025 Crypto Mining Plans Promising Fast ROI for Passive Income Seekers

New York, USA, May 21, 2025 (GLOBE NEWSWIRE) -- As interest in passive crypto income continues to surge worldwide, investors are asking a familiar question: Which cloud mining is legit? In response, trusted industry pioneer Hashfly has announced the launch …

How U.S. manufacturing is finding machinists

STUART, Fla., May 21, 2025 (GLOBE NEWSWIRE) -- When Pace Machine & Tool owner Monica Dirr visited an America’s Cutting Edge (ACE) CNC machining bootcamp during a 2023 visit to Indian River State College, she slipped one of the participants her business …

Top 7 Genuine Cloud Mining Sites Making Bitcoin Mining Profitable In 2025

Lomdon, United Kingdom, May 21, 2025 (GLOBE NEWSWIRE) -- The crypto space experienced a slight pullback on May 6, 2025, with the Ethereum (ETH) price decreasing by 2%, thus losing the $1,800 range. Bitcoin (BTC) simultaneously dipped into $94k, a key …

Opus One Gold Obtains 3.79 g/t Gold Over 6.7 m at 57 m From Hole NO-25-03 on its Zone 1 Gold Discovery, Noyell Project

NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, May 21, 2025 (GLOBE NEWSWIRE) -- Opus One Gold Corp (TSX-V: OOR) (the “Company” or “Opus One”) is pleased to announce that drill hole NO-25-03 from the winter …

La Corporation Aurifêre Opus One obtient 3,79 g/t d'or sur 6,7 m à 57 m dans le sondage NO-25-03 sur sa découverte d'or ...

NE PAS DISTRIBUER AUX SERVICES DE FIL DE PRESSE AMÉRICAINS NI DIFFUSER AUX ÉTATS-UNIS MONTREAL, 21 mai 2025 (GLOBE NEWSWIRE) -- Corporation Aurifère Opus One (TSX-V : OOR) (la « Société » ou « Opus One ») est heureuse d'annoncer que le sondage NO-25-03 …