Gold loan

GOLD LOAN NEWS

How cyber fraudsters are using gold loans to break digital trail, Mumbai police explain

July 01, 2026 2:08 pm

The arrest of six accused for allegedly duping an INOX executive of Rs 10.40 crore uncovered a clever new tactic in which stolen cash is converted into gold loans.

Pledged gold bangle lost, Manappuram Finance told to refund woman, pay Rs 55,000

June 23, 2026 6:14 pm

According to the complaint, the woman had pledged approximately 181 grams of gold jewellery with Manappuram Gold Finance to avail a loan of Rs 8.81 lakh.

Manappuram Finance auctioned man’s gold during pandemic; ordered to refund market value, pay Rs 25,000

June 16, 2026 4:52 pm

The financing firm auctioned the gold during the Covid-19 pandemic, but they had not published an auction notice in any newspaper as per the procedure, it was noted.

Gold loans surge 50% on-year: Five South Indian states account for 75% of loan outstanding

May 20, 2026 10:20 pm

Despite being the most populous state, Uttar Pradesh accounts for an outstanding of only Rs 42,300 crore, according to the report by CRIF High Mark

Karnataka High Court asks if police chief can clarify procedure for seizing 'stolen' gold from NBFCs

February 17, 2026 1:28 pm

While passing the order on a petition filed by Muthoot Finance Limited, the Karnataka High Court said petitions were repeatedly calling into question notices issued under BNSS section 94 to produce gold articles.

Finance companies cannot hide behind loans to keep stolen gold when police knock on their door: Karnataka High Court

February 10, 2026 5:21 pm

The deprivation of gold is causing continuing economic and emotional suffering to the original owners, the Karnataka High Court observed.

From PAN card-Aadhaar linking to 8th Pay Commission: New rule changes from January 1, 2026 in financial sector

December 31, 2025 9:20 pm

Major Rule Changes in New Year 2026: The year is expected to begin with a set of financial changes influencing banking, taxation and household budgets.

RBI hikes loan-to-value ratio on gold loans below Rs 2.5 lakh to 85%

June 07, 2025 5:44 am

For gold loans more than Rs 2.5 lakh and up to Rs 5 lakh, the LTV ratio has been set at 80 per cent. For loans more than Rs 5 lakh, the central bank has set an LTV of 75 per cent.

To temper sharp gold loan growth, RBI issues draft rules that tighten lending

April 10, 2025 2:21 pm

Lenders should not extend loans where ownership of the collateral is doubtful, and they should keep a record of the verification of the ownership of the collateral.

Banks ask gold loan borrowers to settle accounts for loan extension

March 23, 2025 3:56 am

After the Reserve Bank of India (RBI) asked lenders to tighten the gold loans processes in September last year, the new system introduced by banks has come under fire from borrowers

Advertisement
Advertisement
Advertisement