CSB BANK GOLD LOANS
Gold price prediction: Gold rebounds after hitting one-month low — can it surge to $4,500 by year-end? Here's what Goldman Sachs projects
Gold prices have bounced back after hitting a one-month low, with the spot gold price now around $3,254 per ounce. A weaker U.S. dollar and technical buying helped stabilize the market as investors closely watch upcoming U.S. inflation data and Jerome Powell's speech for signs on future interest rate moves. Analysts highlight the $3,155 support level as critical. With price forecasts ranging from $3,110 to $4,500 depending on market shifts, gold remains a key hedge against uncertainty. This detailed update explores short-term risks, long-term forecasts, and what investors should keep an eye on right now.
Has SBI lowered its home loan lending rates again? Check latest rates for May 2025
State Bank of India has decided to keep its key lending rates unchanged for May 2025, following a 0.25% rate cut in April 2025. This decision maintains stability across both MCLR and external benchmark-linked rates like RLLR. The External Benchmark Rate (EBR) is 8.
Muthoot Finance shares fall 5% even as Q4 PAT jumps 22% YoY, loan AUM hits record high
Muthoot Finance reported a 22% YoY rise in Q4FY25 consolidated PAT at Rs 1,444 crore and its highest-ever annual standalone PAT at Rs 5,201 crore. Consolidated loan AUM surged 37% YoY to a record Rs 1.22 lakh crore. The company declared its highest-ever dividend of Rs 26 per share and crossed Rs 1 lakh crore in gold loan AUM.
Muthoot Finance Q4 Results: Pcrofit jumps 22% YoY to Rs 1,444 crore; AUM grows 37% on gold demand
Muthoot Finance posted a 22% YoY rise in Q4FY25 consolidated net profit at ?1,444 crore. Consolidated AUM surged 37% to ?1.22 lakh crore, driven by strong gold loan demand. FY25 profit stood at ?5,352 crore, up 20%.
BSE and One 97 among stocks that mutual funds bought and sold in April
Mutual funds bought stocks worth Rs 17,000 crore in April, led by additions in Infosys, TCS, and Reliance. Largecap buys included SBI and Kotak Bank; midcap additions were RBL Bank and Syngene; smallcaps saw interest in Ujjivan and Equitas. Major exits included ITC, Bharti Airtel, and Amber Enterprises.
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These 7 banking stocks can give more than 26% returns in 1 year, according to analysts
When you look at the Q4 numbers of the banking sector as a whole, the quality of loan books has improved. Credit growth has not been as good as expected, but there were no big slippages either. Things have, on the whole, been better. Even in the current phase of correction, a large number of banks have been able to outperform the market, both by falling less when the indices moved south, and moving up sharply as they recovered. Is a part of this related to the fact that banking is largely a domestic play?
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 26%
With the India-Pakistan tensions cooling off and the tariff war launched by US President Trump seemingly headed for a generally acceptable conclusion, the global markets are in a good mood. So, there is a case for being bullish, and the Indian markets are no exception. The only difference in India is that we are in the midst of the Q4 results season and investors should not lose sight of earnings and how they pan out for companies and sectors. Why? Because, in the end, it is earnings which decide stock prices and valuations.
As you slept, gold prices fell; here’s what happened
Gold prices drop as the US-China tariff deal eases global trade tensions, leading to a sharp 3% fall in spot gold to $3,223.57 an ounce—its lowest level since May 1. The 90-day agreement to cut reciprocal tariffs by 115% pushed the U.S. dollar higher, reducing investor demand for safe-haven assets like gold. Analysts say short-term volatility will remain, but central banks might use this dip to increase gold holdings. With U.S. CPI data around the corner, all eyes are on the Federal Reserve’s next move. This developing story could impact gold prices even further.
Is gold heading towards $6,000? Analysts weigh in on why you should be prepared
JPMorgan analysts project gold prices could surge to $6,000 per ounce by 2029, driven by geopolitical instability and concerns over US financial assets. A modest reallocation of foreign-held US assets into gold could fuel substantial annual returns. This forecast is based on limited gold supply and increasing demand amid global economic uncertainties and potential shifts in investment strategies.
Home loan EMIs of Bank of Baroda, PNB, Canara Bank loans set to fall for these tenures
State-owned lenders Bank of Baroda, Punjab National Bank, and Canara Bank have reduced their marginal cost of funds-based lending rates across various tenures, effective from May 2025.
“Stay true to your risk appetite, but market will certainly award risk-takers, high-growth stocks”, says Motilal Oswal CIO
Sandipan Roy, CIO, Motilal Oswal Private Wealth, is confident about a long-term uptrend in the equity market and urges investors to hold their positions. In a conversation with ET Wealth’s Sameer Bhardwaj, he explains how the recent fiscal and monetary measures taken by the government will support domestic equity performance going forward.
Dollar dominance in global forex reserves slowly diminishing
Economists suggest that monetary authorities would be seeking to diversify their reserves, with an aim to minimize effects of revaluation loss and safeguard the value of their reserves.
Canara Bank to grant Rs 50,000 crore corporate loans
Canara Bank is set to disburse ?50,000-55,000 crore in corporate loans, aiming for a 10% increase in its corporate lending portfolio. The bank targets 10-11% overall credit growth this fiscal year, focusing on manufacturing, infrastructure, real estate, and green energy sectors.
Unsecured loans: Improved outlook fuels expansion
Indian banks are preparing to carefully increase their unsecured loans. This is due to better asset quality and less stress in personal loans and credit cards. State Bank of India expects personal loans to grow. Overall credit growth has slowed. The Reserve Bank of India had increased risk weights on these loans.
Are they ready to lead the next leg of the rally? 8 stocks from banking & financial services with an upside potential of up to 42%
Over the past three years, the RBI has been tightening regulations in many segments of the financial services space, forcing both banks and NBFCs to clean up their acts. Firms belonging to strong industrial houses have been preparing themselves for a long time to stay updated with all the new rules and regulations. In fact, some of the large banks have seen a valuation readjustment and are currently placed at levels where they have once again started to show signs of outperformance. So, is it time to take a look at these stocks?
Mother’s Day advice on financial planning for mothers
Financial planning is one of the most valuable gifts a mother can give her children. From mutual funds to insurance and gold ETFs, this guide outlines smart saving strategies, retirement planning, and the importance of instilling financial discipline in kids.
Central banks across the world have added to their gold piles
Central banks globally are increasing their gold reserves, with nations like Russia, Egypt, and Argentina leading the surge. India's gold reserves have also risen significantly, reflecting a broader trend of diversification amid global uncertainties. While developed nations' gold holdings remain largely unchanged, countries like India and China have been steadily building up their reserves since 2014.
Global central bank gold reserves rise to 32,000 tonnes in 2024
central bank gold reserves: Central banks globally now hold 32,000 tonnes of gold, up from 26,000 tonnes in 2009, with India among the top 10 holders driving sustained accumulation for diversification and stability.
IIFL Finance Q4 Results: Profit falls 42% to Rs 251 crore
IIFL Finance Thursday reported a 42% year-on-year fall in consolidated net profit for the March quarter mainly because of flat loan book, which led to 9% shrinkage in net interest income.
Fino Payments prepares for life as SFB, to focus on secured loans
Fino Payments Bank is gearing up to transform into a small finance bank, anticipating approval from the RBI. This strategic shift aims to enhance engagement with merchants and account holders, addressing challenges posed by the evolving payments landscape dominated by UPI. The transition would enable Fino to offer lending services, potentially focusing on secured loans and expanding its product offerings.
RBI's proposed LTV rules may hit growth of gold loan companies
RBI's proposed gold loan rules may curb the growth of gold finance companies by requiring them to adjust lending practices. Crisil Ratings suggests the draft aims to standardize regulations and address lending disparities. The new LTV computation rules could force NBFCs to recalibrate disbursement values, impacting their growth, despite gold loans being the fastest-growing consumer credit segment in FY25.
RBI's draft norms to slow down gold loan asset growth of NBFCs: Report
RBI's draft guidelines on gold loans are poised to moderate the asset growth of NBFCs, particularly concerning LTV ratios and bullet loan renewals. Crisil's report indicates that stricter LTV computation and the requirement for full interest repayment before renewals will impact disbursement values and borrower flexibility.
Unity Small Finance Bank Q4 Results: Profit surges 83% to Rs 264 crore
Unity Small Finance Bank: Unity Small Finance Bank reported an 83% YoY jump in Q4 profit to ?264 crore, driven by strong growth in income, AUM, and deposits, despite microfinance headwinds. The bank aims to boost secured lending and expand its branch network.
Gold is an alternative asset and everyone should have a steady 10-15% allocation in gold: Sunil Subramaniam
Market expert Sunil Subramaniam suggests a 10-15% gold allocation, viewing it as a hedge against de-dollarization driven by nations reducing US dollar exposure. He believes private sector banks are better positioned to capitalize on potential rate cuts and increased consumer spending and savings, citing their efficiency and reach in the retail space.
Gold loans have all the glitter in retail credit
Gold loans doubled in fiscal year 2025. They became the fastest-growing consumer credit. This growth surpassed housing, vehicle loans, and even credit cards. Reserve Bank of India data shows a significant increase in gold loan amounts. Rising gold prices and a crackdown on unsecured loans contributed to this surge. Banks also reclassified some agriculture loans as gold loans.
Gold loans double in FY25, despite slowdown in bank credit growth
Indians are increasingly using gold for credit. Bank loans against gold more than doubled by March 2025. Reserve Bank of India reports a 103% surge in gold loans. This makes it the fastest-growing loan category. This happened despite a slowdown in overall bank lending. Reclassification of agricultural loans and restrictions on NBFCs contributed to this rise.
RBI boost for gold loan fintechs; Blinkit dents Zomato’s profits
Happy Friday! The RBI is formalising the gold loan market, opening doors for fintechs in the space. This and more in today’s ETtech Morning Dispatch.
Gold-loan fintech firms spot a glimmer in RBI’s draft rules
Bengaluru-based Rupeek, Chennai-headquartered Oro Money, Noida’s Indiagold and Manipal Fintech of Gurugram are a few of the major startups operating in this space. Earlier this year Manipal Fintech onboarded Puja Abhishek Singh as its new chief executive officer. Singh joined the company from Paytm, where she was heading business operations.
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