gold loans

Bank credit surged in FY26, primarily fueled by services and retail sectors. Non-food credit saw a substantial Rs 29.2 lakh crore expansion, with lending to NBFCs, housing, and gold-backed loans leading the charge. Services and personal loans together formed over two-thirds of this growth, highlighting robust demand in these areas.

An economic offences wing arrested a public sector bank's gold appraiser for allegedly misappropriating Rs 5.21 crore. Prashanta Kumar Mallick fraudulently sanctioned 105 loans using fake ornaments or no collateral. He manipulated accounts between October 2024 and July 2025, siphoning funds into personal accounts.

Tamilaga Vetri Kazhagam's manifesto, spanning 94 pages, outlines comprehensive promises for Tamil Nadu voters. Key pledges include monthly financial aid for women, free bus rides, and healthcare initiatives. The party also committed to youth development, farmer support, police reforms, and economic revival for MSMEs and weavers.

Actor Vijay's new party, TVK, has made a significant electoral impact in Tamil Nadu with a welfare-focused manifesto. Promising women's safety, youth employment, and transparent governance through technology, TVK challenges established parties. Key initiatives include monthly aid for women, free LPG, and skill development programs, aiming to reshape the state's political landscape.

The Reserve Bank of India has finalised new rules requiring banks to provision for expected loan losses from April 2027, shifting to a forward-looking approach. While stricter than current practices, the norms are less stringent than initially proposed, with a wider scope including small finance banks. Banks will have until March 2030 to fully implement the changes for existing loans.

In Emilia-Romagna, Italy, hundreds of thousands of wheels of Parmigiano Reggiano cheese are stored in climate-controlled warehouses, serving as valuable collateral for loans. This unique financial system allows producers to overcome cash flow challenges caused by the cheese's lengthy aging process, ensuring the industry's continued operation and growth.

Piprahwa relics are welcome back in India. But it may alter the architecture of restitution – India invoked their return as a right, but the relics returned as part of a private collection on loan to govt

Actor-turned-politician Thalapathy Vijay's TVK has emerged as the single largest party in Tamil Nadu assembly polls, dramatically altering the state's political landscape. Leveraging star power and organized fan networks, TVK has disrupted the decades-long dominance of the DMK and AIADMK, resonating with voters seeking an alternative.

A Tollywood actress and Bigg Boss contestant has been booked for allegedly defrauding a London-based software professional of Rs 9.35 crore. The victim claims the actress promised marriage and sought financial assistance for her career and personal expenses. Despite multiple attempts to finalize marriage and recover funds, the actress allegedly evaded the complainant and failed to honor repayment commitments.