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  RBI bars IIFL Finance from disbursing gold loans; flags supervisory concerns

  Business | March 04, 2024 20:23 IST

  In a statement, the RBI said it has directed IIFL Finance Ltd "to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans".

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  Airtel Payments Bank now offers gold loans too, here’s how you can avail the offer

  Technology | June 03, 2022 12:57 IST

  Airtel Payments Bank partnered with Muthoot Finance to offer easy access credits to its customers enabling them to apply for gold loans from the Airtel Thanks app.  

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  SBI Gold Loan: Apply for gold loan via SBI YONO app to get 0.75% discount on interest rate

  August 06, 2021 23:15 IST

  SBI Gold Loan Interest Rate, SBI YONO Gold Loan Offer: SBI said that customers can now apply for a gold loan through the SBI YONO app

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  Sabarimala temple to tap on massive gold reserve, TDB to approach RBI for gold loans

  Business | August 26, 2020 11:23 IST

  Feeling the heat of the financial crisis arising out the coronavirus pandemic, the Sabarimala Temple in Pathanamthitta district, Kerala is planning to tap on massive gold reserve in its vaults. The Travancore Devasom Board (TDB) is planning to approach the Reserve Bank of India for gold loans.

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  Three Kerala loan companies hold more gold than Sweden, Oz

  India | December 14, 2014 15:58 IST

  Kochi: Three gold loan companies -- Muthoot Finance, Manappuram Finance and Muthoot Fincorp -- in Kerala jointly hold nearly 200 tonnes of gold jewellery, much higher than the gold reserves of some of the richest