RBI’s Tougher Gold Loan Rules May Push Borrowers Away from Banks, Back to Informal Lenders
The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
Augmont Gold For All partners with Zepto
Augmont gold and silver coins will now be available through Zepto platform
All India Gem & Jewellery Council Seeks Customs Duty Reduction in Pre-Budget Recommendations
The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations
Augmont Gold For All Unveils 'Inaam Mela' Campaign, Aiming to Boost Gold Loan Services in Karnataka, Andhra Pradesh, and Telangana
India's Premier gold platform, unveils 'Inaam Mela' campaign to showcase gold loan services in Karnataka, Andhra Pradesh, and Telangana
Banking Institutions Appeal to RBI for Permission to Provide Silver Metal Loans to Jewellery Manufacturers
Point to Gold Loan Triumph as Silver Jewelry Demand Surges Amid Festivals and Exports
Augmont Gold For All Illuminates Rakhi Celebrations by offering the Perfect Gift of Digital Gold for Loved Ones
Augmont Gold For All, India's No. 1 Gold Platform, promises to enable brothers to digitally present something as valuable as gold to their sisters living anywhere in India from the comfort of their homes.
Augmont Gold for All Sets New Benchmark with Thinnest Gold Coin
The Thinnest Gold Coin measures a groundbreaking thickness of less than 1mm with a weight of 100mg and a diameter of 2.2 cm.
Augmont Gold For All offers affordable gold coins for Akshaya Tritiya
Augmont Gold For All's latest collection, Gold Atoms, features India's thinnest and most economical gold coin, available at remarkable prices.
Unlock Financial Flexibility: Discover the Advantages of Gold Loans in India
If you are an Indian citizen and in need of immediate financial assistance, a gold loan could be a smart way to borrow money quickly and easily.
Augmont Gold Secures a Spot in India Book of Records for the Thinnest Gold Coin
The 24 Karat hallmarked Gold coin measured less than 1 mm, which is as thin as foil paper.
ED arrests Hyderabad-based jewellery firm promoter
Agarwal was produced before a special PMLA court in Hyderabad and remanded to 15 days of judicial custody
Jewellers Can Now Repay Part Of Gold Loan In Physical Gold
The RBI on June 23 has asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal) Loans (GML) in physical gold
IIFL Finance Launches Gold Loan Mela In West Bengal, With Assured Gifts
IIFL Finance, one of India's largest non-banking finance companies, has launched 'Gold Loan Mela' in West Bengal
Muthoot Finance, Bajaj Allianz In Tie-Up For Gold Jewellery Insurance
Muthoot Finance has tied up with Bajaj Allianz General Insurance to provide insurance on gold jewellery as part of their new initiative
