Category : Banking


Gold Loans Grow 4x, South India Holds Over 50% Market Share

Gold loans have expanded fourfold since March 2022, reaching Rs 16.8 lakh crore. However, the market remains heavily concentrated in South India, with Tamil Nadu, Andhra Pradesh, and Karnataka accounting for over 50% of originations.

Adani Commissions 1,000 MW HVDC Link for Mumbai Power

Adani Energy Solutions subsidiary AEMIL has commissioned a 1,000 MW HVDC transmission link between Kudus and Aarey to strengthen Mumbai's power infrastructure, improve renewable energy integration, and enhance grid reliability across the metropolitan regi

Gold Prices May Trade Range-Bound with Bearish Bias

Gold prices may trade range-bound with a bearish bias as US-Iran peace talks fail and the US blockades the Strait of Hormuz, impacting oil supply and inflation. Spot gold fell to $4633, with support at $4600/$4550.

LIC Approves 1:1 Bonus Share Issue to Boost Liquidity

Life Insurance Corporation of India has approved a 1:1 bonus share issue, doubling its paid-up equity capital to Rs 12,650 crore. The move aims to enhance stock liquidity, support retail participation, and facilitate government share sales through a follo

Bank Holiday on April 14 for Ambedkar Jayanti

Most bank branches across India will remain closed on Tuesday, April 14, 2026, for Ambedkar Jayanti, a gazetted holiday under RBI rules. Digital banking services will continue uninterrupted.

Gold, Silver Prices Volatile Amid US-Iran Talks Failure

Gold and silver prices are expected to remain volatile this week due to failed US-Iran truce talks, rising oil prices, and a stronger US dollar. Investors are advised to track key economic indicators and geopolitical developments.

India's Gold Reserve Fuels MSME Growth via Loans

A Morgan Stanley report reveals Indian households hold 34,600 tonnes of gold, worth $3.8 trillion, offering a massive opportunity for MSMEs through gold loans to boost economic development.

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