New Delhi [India], November 10 (ANI): The consumers in India used their gold holdings as collateral to fulfill their financing needs rather than outrightly selling it during the COVID-19 pandemic phase, revealed a report by the World Gold Council here on Tuesday.
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
New Delhi [India], May 18 (ANI): Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
Bengaluru (Karnataka) [India], Jan 15 (ANI/NewsVoir): Nitstone Finserv, a Bengaluru-based NBFC FinTech is venturing into Gold Loans as a new product in its retail portfolio.