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29 February, 2020

Outlook on the gold loan sector in 2025

Falling interest rates will bring cheer to individuals, businesses as well as capital markets as their borrowing cost and interest burden will ease substantially. Credit availability will also increase due to which economic activity may gain strong momentum. Consequently. consumption (rural as well as urban) will start picking up. Thus, the much-awaited monetary easing is likely to stimulate credit growth and enhance credit availability. Certainly, an overall momentum in credit growth will support gold-backed lending

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21 August, 2023

Indel Money post Rs. 21 crore profit in Q1 of FY24

Gold loan lender Indel Money has registered Rs. 21 crore profit in Q1 of FY24, registering a 63 per cent growth compared to the previous quarter of the corresponding fiscal.

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12 November, 2021

Kurup rakes in Rs 50 crore at box office

Dulquer Salmaan has expressed gratitude after his latest movie Kurup collected Rs 50 crore from its world ticket sales. Buoyed by the response the film received at the box office, the star said, “Wow!! This is huge !!! I cannot even fathom it. The sleepless nights, the countless moments of uncertainty and self-doubt, the sheer amount of stress and pressure over going through uncharted territories has all paid off. When we set out we just wanted to give the film our best and pray you all love it. I have no idea how to put in words the gratitude I have for all of you(sic).”

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