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Loan Fraud: Bank Loses 2cr As Execs Sanction Fake Gold Loans |

Rajkot: A leading private sector bank was cheated of Rs 2 crore by its three executives who issued gold loans in the name of their relatives and frien.

Veraval , Gujarat , India , Rajkot , Sunil-israni , Vipul-rathod , Manish-gadhiya , Ram-solanki , Axis-bank , Pinky-khemchandani , Veraval-city , Loan-fraud

RBI's status quo on rates to policy stance will give a boost to jewellery: Analysts

Mr Colin Shah, MD, Kama Jewelry said "RBI keeping policy rates intact is at par with the industry expectations. This pause amidst the onset of the festive season will give a much-needed boost to consumer buying sentiment, thereby propelling demand. The expansion recorded in urban consumption will further foster velocity in jewellery sales in Indian markets."

India , Jateen-trivedi , Colin-shah , Vp-research-analyst , Reserve-bank , Kama-jewelry , Boost-to-jewellery , Policy-stance , Rbi , Status-quo-on-rates , Gold-loans ,

Gold Loans: Doorstep Loan Facility Launched | Mangaluru News

Mangaluru: Karnataka Bank launched doorstep gold loan facility ‘KBL-Swarna Bandhu’ for its customers.

Mangaluru , Karnataka , India , Surat , Gujarat , Sri-lanka , Manipal , Mehul-vaidhya , Kbl-swarna-bandhu , Asian-development-bank , Karnataka-bank , Manipal-group

Bank credit to personal loan jumps 30.8% in August 2023, shows RBI data

Despite caution from the central bank, some banks are aggressively working on growing their unsecured portfolio, which include credit cards, personal loans, microfinance loans, etc.

India , Shanti-ekambaram , Shripad-jadhav , Shyam-srinivasan , Vijay-gaur , Kotak-mahindra-bank , Interview-federal-bank , Reserve-bank , Federal-bank , Whole-time-director , Lead-analyst , Retail-agri

Broker's call: Shriram Finance (Buy) - The Hindu BusinessLine

Broker's call: Shriram Finance (Buy) - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Linkedin , Facebook , Twitter , Shriram-finance , Gold-loans , Personal-loans ,

Gold loan deep dive: Banks in retreat, but no cakewalk for Manappuram, Muthoot

Gold loan companies may not see the same rate of growth as they have in the past, but are unlikely to be run over by banks as most investors fear, says Digant Haria, founder of Green Edge Wealth

Syria , India , Syrian , Aditya-puri , Digant-haria , Catholic-syrian-bank , Manappuram-finance , Muthoot-finance , Green-edge-wealth , Gold-loans , Anappuram , Uthoot

hdfc bank: Trucap Finance, HDFC Bank commence co-lending partnership for MSME business and gold loans

TRU has cumulatively disbursed more than Rs 2,000 crore in loans to over 1.9 lakh customers to support credit inclusion of underserved businesses. With a network of more than 118 branches spread over over 50 cities in MSME clusters of West, Central, and North India, TRU aims to enable timely solutions being delivered to small businesses, whether it is to avail working capital or purchase assets to enhance their revenue, and power livelihood generation in non-metro regions.

India , Sumant-rampal , Rohan-juneja , Group-head , Trucap-finance-limited , Gold-loans , North-india , Business-banking , Rural-banking , Hdfc-bank , Tru , Msme

TruCap Finance Limited and HDFC Bank Commence Co-Lending Partnership for MSME Business and Gold loans

TruCap Finance Limited and HDFC Bank Commence Co-Lending Partnership for MSME Business and Gold loans
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

India , Rohan-juneja , Sumant-rampal , Lending-partnership , Bank-commence-co , Group-head , Trucap-finance-limited , Trucap-finance , Commence-co-lending-partnership , Cap-finance-limited , Gold-loans , North-india

Prevailing tight credit situation has been a major catalyst for gold loan growth: Umesh Mohanan, CEO, Indel Money

We are a growing company and we have a very optimistic outlook on the segment. We have targeted an annual growth of 70% and we are very confident of achieving it. The high-interest rate regime is expected to stay here for some time as there is no let-up in the retail inflation scenario, says Umesh Mohanan, executive director & CEO of Indel Money, a non-banking finance company in the gold loan sector.

Umesh-mohanan , Indel-money , Tight-credit-situation , Gold-loan-sector , Gold-loan-demand , Rain-deficiency , Increasing-credit-demand , Gold-loans ,

Duo held for snatchings: Accused's gold loans under scanner

Mohali police have sought the company’s record on how loan was sanctioned without purchase documents or verifying the antecedents of the applicant

Dera-bassi , Punjab , India , Mohali , Madhya-pradesh , Sandeep-garg , Jaswinder-singh , Naresh-kumar , Muthoot-dera-bassi , Muthoot-fincorp , Green-valley , Gulmohar-city