Muthoot Finance gets service tax notice for Rs 153 cr
Gold loan firm Muthoot Finance Monday said it has received a service tax notice demanding Rs 153.14 crore in taxes in addition to interest and penalty.
Jan 19, 2015, 21:40 PM IST
Cooperative banks allowed to double gold loan under bullet repayment
The Reserve Bank on Thursday doubled to Rs 2 lakh the amount of loan furnished by cooperative banks under the Gold Loan - Bullet Repayment scheme.
Jan 08, 2015, 19:13 PM IST
RBI relaxes norms for loans against gold ornaments
The Reserve Bank on Tuesday relaxed the limit of loan that banks can sanction against the pledging of gold ornaments and jewellery.
Jul 22, 2014, 19:04 PM IST
Gold finance companies up: RBI allows them as banking correspondents
Shares of finance companies which provide loans against gold rally after the RBI on Tuesday allowed banks to engage non-deposit-taking non-banking finance companies as banking correspondents for financial inclusion.
Jun 25, 2014, 11:19 AM IST