Google to offer personal, gold loans, partners with Aditya Birla Finance, Muthoot Finance

Google to offer personal, gold loans, partners with Aditya Birla Finance, Muthoot Finance

Tech giant Google has announced that it will tie up with Aditya Birla Finance, Muthoot Finance to offer personal loans and gold-backed loans, respectively. This was announced at the 10th edition of its flagship Google for India event.  Google announced that the partnership seeks to enhance credit availability in a market where conventional lending frequently … Read more

NBFCs open their wallets as demand for credit surges

NBFCs open their wallets as demand for credit surges

Demand for loans to purchase trucks and construction equipment is gathering steam and back to the pre-Covid levels on rising infrastructure spending by governments and capital expenditure by private companies. The demand for retail credit too is back on track, shrugging off the economic cost of the pandemic. Non-Banking Finance Companies (NBFCs) such as , … Read more

Market movers: Gold loan lenders surge, brokers tank; 75 stocks give ‘sell’ signals

Market movers: Gold loan lenders surge, brokers tank; 75 stocks give ‘sell’ signals

NEW DELHI: Escalating tensions between the US and China, a record spike in Covid-19 cases in India and market fatigue following a non-stop rally dragged the domestic equity indices into the red on Monday. Private lenders were dealt the biggest blow, as investors dumped their stocks. ICICI Bank was the biggest loser, down over 6 … Read more