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Business and Finance
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Tue, June 10, 2025
[ Tue, Jun 10th 2025 ]: cnbctv18
L&T Finance completes acquisition of Paul Merchants Finance's gold loan business
Mon, May 19, 2025
[ Mon, May 19th 2025 ]: cnbctv18
Finance Ministry tweaks rules to enhance ease of doing business for stock exchange brokers
Tue, May 13, 2025
[ Tue, May 13th 2025 ]: cnbctv18
Fitch upgrades Shriram Finance's rating on improved business profile
Fri, April 25, 2025
[ Fri, Apr 25th 2025 ]: cnbctv18
Cholamandalam Investment Q4 Results: NII up 30%; firm to launch gold loan business
[ Fri, Apr 25th 2025 ]: cnbctv18
Cholamandalam Investment plans Gold loan foray after Poonawalla, L&T Finance
Sat, March 29, 2025
[ Sat, Mar 29th 2025 ]: cnbctv18
View | India's CBDC Journey: Lessons from global .. cks and why it still has the potential to succeed
Fri, March 28, 2025
[ Fri, Mar 28th 2025 ]: cnbctv18
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Thu, March 27, 2025
[ Thu, Mar 27th 2025 ]: cnbctv18
Jio Financial Services invests ?1,000 crore in subsidiary Jio Finance
Wed, March 26, 2025
[ Wed, Mar 26th 2025 ]: cnbctv18
RBI Governor calls for stronger anti-money laundering and terrorism financing measures
Tue, March 25, 2025
[ Tue, Mar 25th 2025 ]: cnbctv18
Lok Sabha passes Finance Bill 2025 with 35 amendments
Mon, March 24, 2025
[ Mon, Mar 24th 2025 ]: cnbctv18
FM Nirmala Sitharaman to move Finance Bill in Lok Sabha today
[ Mon, Mar 24th 2025 ]: cnbctv18
New India Co-op Bank Case: Cops question RBI on audit lapses, more queries likely
Sat, March 22, 2025
[ Sat, Mar 22nd 2025 ]: cnbctv18
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Fri, March 21, 2025
[ Fri, Mar 21st 2025 ]: cnbctv18
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[ Fri, Mar 21st 2025 ]: cnbctv18
Manappuram Finance shares surge over 11%, trade above Bain Capital open offer price
[ Fri, Mar 21st 2025 ]: cnbctv18
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[ Fri, Mar 21st 2025 ]: cnbctv18
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[ Fri, Mar 21st 2025 ]: cnbctv18
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Vrbo
Thu, March 20, 2025
[ Thu, Mar 20th 2025 ]: cnbctv18
Citi CEO Jane Fraser meets FM Sitharaman, discusses digital push in India
Wed, March 19, 2025
[ Wed, Mar 19th 2025 ]: cnbctv18
Bajaj Housing Finance shares surge 6%; Here is why April 15 is key for the stock
Mon, March 17, 2025
[ Mon, Mar 17th 2025 ]: cnbctv18
Finance Ministry reveals director vacancies at public sector banks: Full list here
[ Mon, Mar 17th 2025 ]: cnbctv18
NBFID secures ?20,000 crore equity support, ?5,000 crore grant from government
Tue, March 11, 2025
[ Tue, Mar 11th 2025 ]: cnbctv18
RBI to issue ?100 and ?200 banknotes with new Governor's signature
Thu, March 6, 2025
[ Thu, Mar 06th 2025 ]: cnbctv18
Bajaj Allianz February Update: General insurance gross direct premium at ?1,219 crore
Mon, March 3, 2025
[ Mon, Mar 03rd 2025 ]: cnbctv18
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Sat, March 1, 2025
[ Sat, Mar 01st 2025 ]: cnbctv18
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[ Sat, Mar 01st 2025 ]: cnbctv18
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[ Sat, Mar 01st 2025 ]: cnbctv18
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Fri, February 21, 2025
[ Fri, Feb 21st 2025 ]: cnbctv18
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Mon, February 17, 2025
[ Mon, Feb 17th 2025 ]: cnbctv18
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[ Mon, Feb 17th 2025 ]: cnbctv18
India considering raising deposit insurance limit above current ?5 lakh: Report
[ Mon, Feb 17th 2025 ]: cnbctv18
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Sat, February 15, 2025
[ Sat, Feb 15th 2025 ]: cnbctv18
RBI cracks down on cooperative banks: Penalties, licence cancellations & amalgamations
Fri, February 14, 2025
[ Fri, Feb 14th 2025 ]: cnbctv18
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Wed, February 12, 2025
[ Wed, Feb 12th 2025 ]: cnbctv18
New Income Tax Bill proposes key changes: 23 chapters, 16 schedules, and taxpayer's charter
Tue, February 11, 2025
[ Tue, Feb 11th 2025 ]: cnbctv18
GST cuts likely, some rate slabs may even merge: Finance Minister
[ Tue, Feb 11th 2025 ]: cnbctv18
Income Tax Bill Highlights: New bill expected to be tabled in Parliament by FM this week
Mon, February 10, 2025
[ Mon, Feb 10th 2025 ]: cnbctv18
Bizloan bags ?35 crore in Series A funding, to expand technology and branch network
[ Mon, Feb 10th 2025 ]: cnbctv18
Income Tax Bill LIVE updates: New bill expected to be tabled in Parliament by FM this week
Sun, February 9, 2025
[ Sun, Feb 09th 2025 ]: cnbctv18
RBI repo rate cut: These banks may benefit the most and why
Fri, February 7, 2025
[ Fri, Feb 07th 2025 ]: cnbctv18
L&T Finance ventures into gold loan business with ?537 crore acquisition of Paul Merchants Finance
[ Fri, Feb 07th 2025 ]: cnbctv18
PhonePe exits Account Aggregator business citing inability to onboard a sufficient number of FIPs
[ Fri, Feb 07th 2025 ]: cnbctv18
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[ Fri, Feb 07th 2025 ]: cnbctv18
Tweaks suggested to RBI's draft project finance rules by IBA, govt: Sources
[ Fri, Feb 07th 2025 ]: cnbctv18
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Thu, February 6, 2025
[ Thu, Feb 06th 2025 ]: cnbctv18
Invesco MF launches India Business Cycle Fund
[ Thu, Feb 06th 2025 ]: cnbctv18
India has received USD 1.16 billion in climate finance so far: Govt
Tue, February 4, 2025
[ Tue, Feb 04th 2025 ]: cnbctv18
Aye Finance partners with Credgenics to enhance debt collection processes

L&T Finance completes acquisition of Paul Merchants Finance's gold loan business

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The acquisition includes the transfer of PMFL's 1,350 crore gold loan book, 130 branches, and approximately 700 employees to LTF.
L&T Finance has successfully completed the acquisition of the gold loan business from Paul Merchants Finance, as announced on March 1, 2024. This acquisition, which was first revealed in October of the previous year, involved purchasing the gold loan portfolio and related assets for a cash consideration of Rs 85 crore. The deal aims to enhance L&T Finance's presence in the gold loan market, particularly in the northern region of India, and is part of their strategy to expand their rural business group. The acquisition is expected to be immediately accretive to L&T Finance's earnings, with the integration of the portfolio set to be completed within the next few months.

Read the Full CNBCTV18 Article at:
[ https://www.cnbctv18.com/market/l-and-t-finance-completes-acquisition-of-paul-merchants-finance-gold-loan-business-19617817.htm ]