Muthoot Finance, Manappuram Finance shares hit record high rise up to 17 in three days, here's why

1

Muthoot Finance, Manappuram Finance shares hit record high rise up to 17 in three days, here's why ☶ Commodity Contracts Gold & Silver Lending
authored by torrobot 2 months ago | caches
Archive.org Archive.today Ghostarchive
| no comments

Shares of gold loan financing firms such as Muthoot Finance and Manappuram Finance rose up to 17% in three sessions on BSE. The stocks of gold loan financing firms extended their rally today as the Reserve Bank of India released its final guidelines for gold loans, which includes an increased LTV (loan-to-value) ratio to 85 percent.