by AIP Online Bureau | Aug 25, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Banks have traditionally dominated the organized gold loan market, holding over 75 percent of the market share. Nearly 80 percent of these are given for agricultural gold loans. In contrast, NBFCs have focused on retail gold loans against jewelry, with their share...
by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The central bank held 822.10 tonnes of gold as part of its foreign exchange reserves as of March 31, 2024, an increase from the 794.63 tonnes held at the same time last year, according to the annual data released by the RBI New Delhi: The Reserve Bank of India (RBI)...
by AIP Online Bureau | Apr 21, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments,...
by AIP Online Bureau | Apr 15, 2024 | Data, Wealth Management/ Philanthropy
“Concerns over the length and breadth of the equity rallies worldwide have led some investors, including large institutional investors, to hedge their bets by safeguarding equity portfolios with some gold,” global bank HSBC said in its research note New Delhi:...
by AIP Online Bureau | Mar 8, 2024 | Eco/Invest/Demography, Facts, Health
“It is known to slow down the collagen depletion and stimulate cell regeneration. gold bhasma is an extremely powerful age-defying agent as it improves metabolism, tones up muscles, strengthens underlying tissue, bones, nerves, etc,” R P Parasher, National...
