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Stocks of gold loan companies, jewellery makers tumble

Shares of gold loan companies like Manappuram Finance and jewellery makers on Monday fell sharply by up to over 13 per cent, following weakness in gold prices which hit over 15-month low.Muthoot......

Why investors' perception towards gold should change

Last week, Manappuram Finance saw a sharp fall in share price, along with downgrades, disinvestments by institutions and negative advisories. The reason is simple: The company will register......

Indians have $1 trillion worth of gold!

'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to......

Gold loans: Some easing, some stiffening by RBI

The Reserve Bank of India has eased the norms for extending loans against gold jewellery as collateral. Now, non-banking finance companies can give a loan up to 75 per cent of the gold value; the......

Gold loan firms swing into action as prices fall

The sharp fall in gold prices could be the first sign of a deeper problem for gold loan companies and some banks.The Reserve Bank of India has capped the loan-to-value ratio for gold loan companies......
  Web results for Manappuram Finance
Everybody's In Praise Of It, Some Expected More...

The Finance Minister focused on simplification, a future roadmap, stability and the use of electronic information systems with the onus of moving... ...

http://www.afternoondc.in/business-investment/everybodys-in-praise-of-it-some-expected-more/article_132840
Gold import duty stays at 10%; industry worried

Comment · print · T T T+· T- TOPICS Expected cut in import duty on gold from 10 per cent did not happen, say bullion traders.... ...

http://www.thehindu.com/business/budget/gold-import-duty-stays-at-10-industry-worried/article6946285.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Forward looking and pro-poor Budget

This is a forward looking pro-poor, pro-farm sector and pro-infrastructure budget with focus on health, housing, education and social security,... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/forward-looking-and-propoor-budget/article6946053.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Kerala NBFCs welcome coverage under SARFAESI Act

Kerala-based NBFCs appreciate getting the benefit of the SARFAESI Act in the Budget, saying that it has been a long-pending request of the... ...

http://www.thehindubusinessline.com/news/states/kerala-nbfcs-welcome-coverage-under-sarfaesi-act/article6945341.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Govt proposes gold monetization scheme; Muthoot Fin up 8%

In the Union Budget 2015-16 the government has recommended gold monetization scheme which will give benefit to gold finance companies including... ...

http://www.moneycontrol.com/news/buzzing-stocks/union-budget-2015-govt-proposes-gold-monetization-scheme-muthoot-fin8_1316795.html

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