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ഇന്‍ഡെല്‍മണി 50 കോടിയുടെ കടപ്പത്രം ഇറക്കുന്നു

ജൂണ്‍ ആറു മുതലാണ് വിതരണം തുടങ്ങുക. ജൂണ്‍ 19 ന് അവസാനിക്കും. ഇതിനിടെ പൂര്‍ണ്ണമായി വില്‍പന നടന്നാല്‍ നിശ്ചിത സമയത്തിനു മുമ്പു തന്നെ വിതരണം…

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Inclusive credit access led by NBFC will facilitate effective growth reboot in small business segments

There is no denying that credit is the undisputed growth enabler for the small businesses looking for working capital and growth capital at every stage of the business cycle.

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What measures to expect in gold loans from FM in Budget 2023?

NBFCs believe this Budget to announce measures that could restore priority sector status to eligible gold loans, including microloans, loans to farmers, and microbusinesses.

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RBI to slow repo rate hike to 25-35 bps as inflation cools, slowdown fears loom; growth on MPC radar

All eyes are on the Reserve Bank of India’s Monetary Policy Committee (MPC) as it began its bi-monthly policy review session on Monday, 5 December. Analysts expect that the RBI MPC is set to announce further repo rate hikes..

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Indices ended in red as Sensex and Nifty shed 200 and 60 points, respectively

Indian indices after all did not remain immune to negative global cues on Tuesday and ended in the red zone. Investors keenly wait for a policy clue from the ongoing MPC meeting and how RBI plans to shape its future policy.

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Diwali 2022 – Golden shimmer this season as ‘Digital Gold’ gains popularity

The festive season has always heralded a demand for gold and in this season industry is observing a highly positive consumer interest towards the precious metal.

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Indel Money raises Rs 50 crore via market-linked debentures

Indel Money, the flagship company of Indel Corporation and gold loan non-banking finance company has raised Rs 50 crore via first tranche of its principal-protected market-linked debentures (MLDs). Issued on August 30, 2022, through Yubi (formerly CredAvenue), a fintech debt marketplace, the MLDs offer a fixed coupon rate and come with the tenors of 16 and 18 months.
Indel Money plans to raise additional ₹250 crore by issuing the second tranche of the MLDs in Q3FY23 – more

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RBI monetary policy: Here’s how a 4th rate hike will impact gold loans

RBI is set to announce bi-monthly monetary policy outcomes on September 30. Expectations of a fourth rate hike have taken rounds in the range of 35-50 basis points.

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Indel money enters the personal loan industry

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Indel Money launches digital personal loan on mobile app, e-portal

Indel Money Limited, the gold loan NBFC, has launched on its mobile app and e-portal a digital personal loan. Initially offered for its existing customers, the service will be completely digitized with faster loan disbursement experience.

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