Gold loans

New Delhi: Punjab National Bank (PNB), on Wednesday (October 13), announced that the state-owned bank has reduced the interest rate on loans against gold jewellery and Sovereign Gold Bond. PNB has reduced the interest rate on loans by 145…

New Delhi: Retail gold loans outstanding jumped by 77.4 per cent to Rs 62,412 crore in 12 months up to July from Rs 35,189 in the previous corresponding 12 month period, signalling signs of financial distress in Indian households.  …

Bengaluru: Indiagold, a gold-based lending platform started by two former Paytm executives, has raised $12 million in fresh funding to make the most of the pandemic-induced surge in loans against jewellery. PayU, the financial technology…

<!-- -->IIFL Finance offers gold loan at an interest rate of 0.79 per centIIFL Finance has launched gold loan product with interest rates starting from as low as 0.79 per cent - a scheme which will be available throughout the country…