Gold-backed lending glows in banks’ retail books: RBI data
Gold loans are surprisingly leading retail credit growth, soaring 128.5% year-on-year. This surge, partly due to reclassification, now forms a significant portion of personal loans. ...
Four public sector banks cut lending rates after RBI move
Following the RBI’s repo rate cut, public and private sector banks are adjusting lending rates. Existing borrowers with floating-rate loans are poised to benefit more ...
