Gold Loan In Cash Restricted To Rs 20,000 For NBFCs
Business | Friday March 10, 2017
Shares of leading gold loan companies Manappuram Finance and Muthoot Finance fell today.
30 Kg Gold Jewellery Stolen From Branch Of Gold Loan Company In Thane
India News | Press Trust of India | Tuesday December 27, 2016
Gold jewellery weighing 30 kg was stolen from the office of a gold loan company at Ulhasnagar in Thane district, police said on Monday.
Demonetisation Hits Shares Of Gold Loan, Micro-Finance Lenders Hard
Business | Abhishek Vasudev | Monday November 21, 2016
Shares of micro-finance and gold loan companies have been badly hit after the government on November 8 announced demonetisation of old 500 and 1,000-rupee banknotes.
Manappuram Finance Surges 13% On Credit Rating Upgrade
Business | NDTV Profit Team | Monday July 4, 2016
Manappuram Finance shares surged nearly 13.5 per cent to a fresh 52-week high of Rs 81.7 today after the gold loan company announced that the rating of its debentures has been upgraded by Crisil.
Why Muthoot, Manappuram Finance Are New Market Darlings
Business | NDTV Profit Team | Tuesday June 14, 2016
Analysts believe the strong show by these gold loan companies is likely to continue in the forthcoming quarters as well.
Manappuram Finance Surges 20% To 52-Week High
Business | NDTV Profit Team | Friday May 13, 2016
Shares of Manappuram Finance today surged as much as 20 per cent to hit fresh 52-week high of Rs 50.25 after the gold loan company reported strong March quarter numbers.
Muthoot Microfin to Sell 10% Stake to PEs for Rs 100 Crore
Business | Press Trust of India | Thursday December 17, 2015
Muthoot Microfin, the microfinance arm of the country's second largest gold loan company Muthoot Fincorp, is talking to private equity players to raise Rs 100 crore to shore up its core capital.
Jaipur: Armed men loot gold from loan company
Jaipur News | Press Trust of India | Saturday November 9, 2013
A loan company was today allegedly looted of gold worth lakhs of rupees by armed men in Vidhyadhar Nagar area in Jaipur, police said.
Muthoot Finance gets RBI nod to set-up White Label ATMs
Business | Tuesday June 25, 2013
Gold loan company Muthoot Finance said on Tuesday that it has got in-principle approval from the Reserve Bank of India (RBI) to set up White-Label ATMs in the country.
Muthoot Finance may increase public shareholding to 25% this quarter
Business | Monday January 14, 2013
The country's largest gold loan company Muthoot Finance today said it may dilute promoter stake by the end of this fiscal to comply with Sebi's minimum public shareholding norms of 25 per cent.
Muthoot Finance registers Rs 270 crore profit in Q3
Business | Monday January 14, 2013
Muthoot Finance Ltd, a Kerala-based gold finance company, today said it has registered Rs 270 crore as profit after tax during the third quarter ending December of fiscal year 2012-13.
Gold loan companies pose risk to banks, warns RBI
Business | Ira Dugal | Thursday June 28, 2012
The central bank on Thursday warned in its financial stability report that a rating downgrade for India could have a 'cliff effect'.
Gold loan companies welcome RBI move; analysts say will trim margins
Business | Friday March 23, 2012
Gold financing companies welcomed the latest measures by the Reserve Bank, saying they will strengthen the industry
Muthoot promoters may dilute 10% stake
Business | Thursday March 22, 2012
Promoters of leading gold loan company Muthoot Finance may dilute their stake by up to 10% to raise funds in the next fiscal.
Sensex turns volatile; JSPL, gold loan firms fall
Business | Varun Sinha | Thursday March 22, 2012
Shares of gold loan companies plunged after a RBI directive capping the loan-to-value ratio at 60%.
Gold Loan In Cash Restricted To Rs 20,000 For NBFCs
Business | Friday March 10, 2017
Shares of leading gold loan companies Manappuram Finance and Muthoot Finance fell today.
30 Kg Gold Jewellery Stolen From Branch Of Gold Loan Company In Thane
India News | Press Trust of India | Tuesday December 27, 2016
Gold jewellery weighing 30 kg was stolen from the office of a gold loan company at Ulhasnagar in Thane district, police said on Monday.
Demonetisation Hits Shares Of Gold Loan, Micro-Finance Lenders Hard
Business | Abhishek Vasudev | Monday November 21, 2016
Shares of micro-finance and gold loan companies have been badly hit after the government on November 8 announced demonetisation of old 500 and 1,000-rupee banknotes.
Manappuram Finance Surges 13% On Credit Rating Upgrade
Business | NDTV Profit Team | Monday July 4, 2016
Manappuram Finance shares surged nearly 13.5 per cent to a fresh 52-week high of Rs 81.7 today after the gold loan company announced that the rating of its debentures has been upgraded by Crisil.
Why Muthoot, Manappuram Finance Are New Market Darlings
Business | NDTV Profit Team | Tuesday June 14, 2016
Analysts believe the strong show by these gold loan companies is likely to continue in the forthcoming quarters as well.
Manappuram Finance Surges 20% To 52-Week High
Business | NDTV Profit Team | Friday May 13, 2016
Shares of Manappuram Finance today surged as much as 20 per cent to hit fresh 52-week high of Rs 50.25 after the gold loan company reported strong March quarter numbers.
Muthoot Microfin to Sell 10% Stake to PEs for Rs 100 Crore
Business | Press Trust of India | Thursday December 17, 2015
Muthoot Microfin, the microfinance arm of the country's second largest gold loan company Muthoot Fincorp, is talking to private equity players to raise Rs 100 crore to shore up its core capital.
Jaipur: Armed men loot gold from loan company
Jaipur News | Press Trust of India | Saturday November 9, 2013
A loan company was today allegedly looted of gold worth lakhs of rupees by armed men in Vidhyadhar Nagar area in Jaipur, police said.
Muthoot Finance gets RBI nod to set-up White Label ATMs
Business | Tuesday June 25, 2013
Gold loan company Muthoot Finance said on Tuesday that it has got in-principle approval from the Reserve Bank of India (RBI) to set up White-Label ATMs in the country.
Muthoot Finance may increase public shareholding to 25% this quarter
Business | Monday January 14, 2013
The country's largest gold loan company Muthoot Finance today said it may dilute promoter stake by the end of this fiscal to comply with Sebi's minimum public shareholding norms of 25 per cent.
Muthoot Finance registers Rs 270 crore profit in Q3
Business | Monday January 14, 2013
Muthoot Finance Ltd, a Kerala-based gold finance company, today said it has registered Rs 270 crore as profit after tax during the third quarter ending December of fiscal year 2012-13.
Gold loan companies pose risk to banks, warns RBI
Business | Ira Dugal | Thursday June 28, 2012
The central bank on Thursday warned in its financial stability report that a rating downgrade for India could have a 'cliff effect'.
Gold loan companies welcome RBI move; analysts say will trim margins
Business | Friday March 23, 2012
Gold financing companies welcomed the latest measures by the Reserve Bank, saying they will strengthen the industry
Muthoot promoters may dilute 10% stake
Business | Thursday March 22, 2012
Promoters of leading gold loan company Muthoot Finance may dilute their stake by up to 10% to raise funds in the next fiscal.
Sensex turns volatile; JSPL, gold loan firms fall
Business | Varun Sinha | Thursday March 22, 2012
Shares of gold loan companies plunged after a RBI directive capping the loan-to-value ratio at 60%.
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