In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......
Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......
The stock market has reacted positively to the July-September quarter (Q2) results of the gold-focused NBFCs, Muthoot Finance, and Manappuram Finance with both stocks recommended and gaining......
Fitch Ratings on Wednesday said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance highlights corporate governance challenges that can arise in emerging......
The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as......