April 19, 2025

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Surge in gold loans, NPAs: Will the proposed RBI norms achieve what is set out to do — moderate growth? | Business News

  • April 14, 2025

The Reserve Bank of India’s (RBI) impending framework for gold loans has come amidst a significant surge in gold loan outstanding and non-performing assets (NPAs) in the segment. The sustained rally in gold prices has driven the growth in gold loans, as consumers tap into the rising value of their gold assets. Simultaneously, banks and

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Finance

Manappuram Finance shares jump 14% as Bain Capital buys 18% stake for ₹4,385 crore

  • March 21, 2025

Shares of non-bank lender Manappuram Finance rose as much as 14% in intraday trade on Friday to hit a record high after private equity firm Bain Capital said it will be invest ₹4,385 crore to acquire an 18% stake in the Kerala-based non-banking financial company (NBFC). Bain Capital has entered into definitive agreements to acquire

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