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Muthoot Finance, which currently has 146 tonnes of gold pledged to them, has said auctioning off the pledged gold is the last resort.

Muthoot Finance acquires stake in IDBI MF

On November 8, the IDBI Bank said that its board had approved sale of its entire stake in IDBI Asset Management.

20 Nov 2019 3:32 AM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Factors to consider before applying for gold loan

Gold loan remains a popular borrowing option for those in immediate need of money within a short time span.

7 May 2019 12:50 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Indians pawning the family gold amid credit crunch

Gold loans rose 6.6 per cent between April 1 and July 24 this year to 358 billion rupees.

22 Aug 2019 2:51 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Festival bonanza: SBI waives off clearing charges on car, gold,...

The country's largest lender announced a waiver of up to 100 per cent on different kinds of personal loans.

21 Aug 2017 4:27 PM IST

A preliminary probe revealed that three among the four accused were conversing in Hindi while another was talking in Bengali. (Representational Image)

Dacoits flee with 30kg gold from finance firm

A criminal investigation department team also visited the office later and launched a probe.

31 Dec 2016 4:10 AM IST