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Unveiling the shadowy side of surging gold loans: Will the RBI move to protect customers?

There has been a sharp rise in gold loans in recent years. But there is a seedier side to this, as is evident from the red flag the RBI raised recently. Will the regulator s move protect customers?

India
Baroda
Gujarat
Nirmal
Andhra-pradesh
Rajesh-shet
Vivek-joshi
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Sumit-sharma
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Shaktikanta-das

Magic of compounding: ₹1 lakh in this mutual fund would have grown to ₹7 lakh in 10 years

Nippon India Growth Fund gave a CAGR return of 25.72 per cent in 5 years, thus letting an investment of ₹one lakh to grow to ₹3.14 lakh. Likewise, it would have grown to ₹7.08 lakh if the same investment were invested for one decade.

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Japan
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NAV of Nippon India Growth Fund crosses Rs 3,000 in 28.18 years

As per the scheme information document with data as on September 30, 2023, the scheme has 9,74,587 folios, the highest among all open-ended equity schemes offered by the fund house.

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Nippon
Kinjal-desai
Krupesh-patel
Akshay-sharma
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Net-asset-value
India-growth-fund
Nifty-midcap
Mutual-funds
Mutual-fund-news

Credit Card: Swiggy joins co-branded credit card rush

Large consumer-facing applications are looking at monetising their loyal user base with a credit card, which gives them additional discounts. After Myntra, Paytm and Flipkart, now Swiggy is set to launch one.

India
Bengaluru
Karnataka
Mihir-gandhi
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Mastercard
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