Devina Mehra, Founder of First Global, encourages Indians to consider global investing through RBI’s liberalised remittance scheme instead of relying solely on gold. She highlights the importance of diversifying investments globally, including tech and pharma sectors, and the growing significance of consumption services like Swiggy and Zomato. She also announces the release of her book covering her market learnings.
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growth
Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion