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RBI bars IIFL Finance from disbursing gold loans

 The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying......

Proposed RBI norms may hit gold-loan NBFCs in near term: Analysts

 The Reserve Bank of India’s (RBI’s) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier......

Gold Loans On RBI, Finance Ministry Radar

 Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......

RBI's draft circular seeks to standardise gold loan regulations

 The Reserve Bank of India (RBI) on Wednesday came out with comprehensive draft guidelines to harmonise and regulate gold loans across all financial entities, including putting a cap of 75 per cent......

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

 Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January–March quarter of 2024-25, owing to......

The World's Youngest Grandmaster

 At 12 years, seven months and 17 days, Dommaraju Gukesh is the second youngest Grandmaster of all time.Devangshu Datta meets the ace. IMAGE: Dommaraju Gukesh, Grandmaster! Photograph: Kind......

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World Test Championship 2023

 India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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 Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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