Small Finance Banks to Scale Up Gold Loan Business Amid Soaring Demand and Rising Gold Prices

Small Finance Banks

Small Finance Banks: The gold loan market in India is witnessing a remarkable boom, with small finance banks (SFBs) and scheduled commercial banks ramping up their gold-backed lending portfolios to leverage growing customer demand. In a year marked by sluggish overall credit growth across most lending categories, gold loans have emerged as the standout performer … Read more

Ujjivan Small Finance Bank to Raise ₹2,000 Crore via QIP to Support Growth Plans

Ujjivan Small Finance Bank

Ujjivan Small Finance Bank: Ujjivan Small Finance Bank has announced plans to raise approximately ₹2,000 crore over the next 18–24 months through the Qualified Institutional Placement (QIP) route. The move aims to strengthen the bank’s capital base and support its long-term growth trajectory as it continues to expand its operations across India. The announcement follows … Read more