(Reuters) - Shares of India's Manappuram Finance jumped 6% on Friday after analysts said that Bain Capital's plans to buy an 18% stake and jointly control the gold loan provider will help ease its ...
The share price of gold loan retailer Manappuram Finance Ltd rebounded as the management clarified on the circular passed by the Reserve Bank of India (RBI) warning it against accepting any public ...
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RBI New Gold Loan Rules: Turmoil in the gold loan sector due to the sound of new rules, panic in Manappuram-Muthoot!
The Reserve Bank of India (RBI) announced the plan of new rules for gold loans, after which there has been a stir in major gold loan companies Manappuram Finance and Muthoot Finance etc. RBI aims to ...
Soaring gold prices have propelled Muthoot Finance’s gold-loan profits and stock to record highs, but high valuations and rising competition could limit upside for investors.
(Reuters) -India's Manappuram Finance said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million) to acquire an 18% stake in the gold loan provider at a time record prices of the ...
A steep 70% rally in domestic gold prices over the past year has acted like a Midas touch for gold financiers. Shares of key listed gold-loan companies Muthoot Finance Ltd and Manappuram Finance Ltd ...
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