Gold loan interest rates 2024: Gold loans can provide a quick and hassle-free solution for individuals in need of immediate funds. Unlike other loans, such as home loans, which involve extensive paperwork and complicated approval processes, gold loans offer a simpler approach. With a gold loan, you can pledge your gold ornaments or jewellery to … Read more
The pace of expansion in retail loans, hitherto the primary growth lever for several high-street lenders, moderated in February after the banking regulator enhanced the risk weighting on such exposure over concerns of potential future defaults. Overall credit demand remained healthy, buttressed by new credit lines to industry and services. Retail loan growth moderated to … Read more
MUMBAI: A few segments in unsecured retail loans show signs of weakness which need to be closely monitored by lenders, said a report published by RBI. It also noted that in credit card outstanding, where the interest rates are highest, larger loans are by more vulnerable borrowers. According to the study, over the past decade, … Read more
MUMBAI: Yes Bank has put another tranche of over Rs 4,200 crore of bad loans on the block, nearly a year after it successfully sold a massive Rs 48,000 crore loan book. This is part of the private lender’s ongoing efforts to clean up its balance sheet and improve its financial health. Yes Bank is … Read more