Muthoot Finance, Manappuram Finance och IIFL Finance äger nu tillsammans 334 ton guld, en rekordmängd som överstiger Storbritanniens och Brasiliens reserver.
De tre företagen nådde milstolpen under räkenskapsåret 2026 i takt med att de utökade sina guldinnehav. IIFL Finance noterade en stor ökning efter att ha löst tidigare regulatoriska frågor. Manappuram Finance ökade också sin guldfinansieringsverksamhet under samma period.
Godrej Capital has outlined plans to grow its gold loan book to Rs 5,000 crore. The target forms part of a broader strategy that includes increasing specialized branches and raising overall assets under management.
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India reduced its holdings of US Treasury securities to $181 billion in April. The Reserve Bank of India simultaneously raised its gold reserves to 881 metric tonnes.
Domestic institutional investors raised their holdings in several large-cap Indian companies during the March 2026 quarter. Buying focused on financial, technology, telecom and industrial names even as share prices fell sharply.
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AU Small Finance Bank reported a 37% increase in net profit for the first quarter. The rise came amid stronger loan growth and better asset quality.