Gold is priced according to its current market value, and any fluctuation in the market price will affect the floating interest rate on loans against gold pledged as security. This amount is directly ...

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Retail gold loans are shining bright in banks’ overall loan portfolio on the back of rise in gold prices, demand shift from unsecured loans and borrower-friendly regulations. This is underscored by ...

The Reserve Bank of India (RBI) has issued a new draft regarding gold loan, which aims to make the rules uniform, transparent and safe. RBI has maintained the ban on giving loans on raw gold (such as ...

Muthoot Finance doubled its annual gold loan growth guidance to 30–35% after a strong second quarter that saw gold loan AUM jump 45% year-on-year to a record ₹1.25 lakh crore. MD George Alexander ...

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Strong gold prices have further boosted loan eligibility. India's gold loan industry is poised for major expansion as non-bank lenders prepare to add nearly 3,000 dedicated branches over the next year ...

What is the Loan-to-Value (LTV) Ratio? The Loan-to-Value (LTV) ratio in Gold Loans is the percentage of your gold's appraised market value that a lender is willing to disburse as a loan amount. It is ...

India's gold loan market is poised for significant expansion as non-bank lenders plan to open approximately 3,000 new branches. This surge is driven by increasing demand from borrowers seeking secured ...

Retail borrowers are increasingly preferring gold loans as against personal loans, said bankers. This is primarily because of the sharp rise in gold prices that is helping them raise higher amounts at ...