Faced with RBI audit, IIFL Finance delays Board meet for earnings release

May 28, 2024

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its...

RBI's Gold reserve valuation triples over a year to Rs 6.8 lakh cr amid surge in prices and new buying

Apr 19, 2025

The Reserve Bank of India (RBI) reported a sharp rise in the value of its gold reserves for the week ending April 11, reflecting...

India's gold demand likely to be muted in 2023: World Gold Council

May 06, 2023

Demand for precious metal gold is expected to be muted in 2023 even as the economic momentum remains healthy and the RBI repo rate...

RBI finds irregular practices in loans against pledge of gold ornaments, entities advised to review policy

Sep 30, 2024

RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some entities. It has thus advised...

Finance Ministry asked RBI to keep small borrowers up to Rs 2 lakh out of proposed Gold loan regulations

May 30, 2025

The Ministry of Finance on Friday said it has asked the Reserve Bank of India (RBI) to ensure that the needs of small gold...

Loan against gold on rise, RBI raised concerns over irregular practices involved in gold loans

Jan 02, 2025

The Gold loans in the country has registered strong growth recently says a report by Reserve Bank of India.