Gold Loan: Banks or NBFCs?

Gold Loan - Banks or NBFCs With the recent notification of RBI (Reserve Bank of India) about limiting Non Banking Financial Companies (NBFC) to provide Gold Loan up to 60% of value of Gold Jewellary, it seems now rules of the game would be rewritten. Now, banks might turn out to be better option for Gold Loan borrowers due to following reasons: NBFCs […] Continue reading →

NBCC IPO Daily Subscription Status

NBCC IPO NBCC IPO is open for subscription from March 22 to March 27, 2012. This post would cover the subscription status of the same on a daily basis. NBCC IPO Subscription Day 4: NBCC IPO subscribed 4.82 times on last day of issue (March 27) Qualified Institutional Buyers (QIB) – 7.07 Corporates – 1.70 Retail Individual […] Continue reading →