SENSEX NIFTY

Gold Loan Sector

May 30, 2015 at 16:16 | Source: CNBC-TV18
Even as fourth quarter GDP for the Indian economy came in at 7.5 percent, a data point that stood out is gross value added (GVA): at 6.1 percent growth.
May 28, 2015 at 18:31 | Source: CNBC-TV18
Experts blame this on the failure to revive stalled infrastructure projects. It's these projects that have been the worst loan defaulters, and unfortunately, infrastructure is the sector banks have the highest exposure to.
May 25, 2015 at 08:28 | Source: CNBC
A recovery in India's credit growth could elude the country's banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.
May 23, 2015 at 16:45 | Source: PTI
SpiceJet that owned the City Union Bank Rs 200 crore has repaid half of the amount before end of March 2015.
May 22, 2015 at 21:43 | Source: CNBC-TV18
The state-owned banks CDR restructuring pipeline currently stands at Rs 2,625 crore.
May 22, 2015 at 18:27 | Source: PTI
During the full 2014-15 fiscal, net profit was up by 45 percent to Rs 451.45 crore from Rs 311.03 crore in the previous year. Total income rose by 10.89 percent to Rs 5,205.41 crore from Rs 4,694.41 crore.
May 22, 2015 at 13:34 | Source: Moneycontrol.com
Gross non-performing assets (NPA) was at 4.25 percent versus 4.90 percent quarter-on-quarter while net NPA stood at 2.1 percent against 2.8 percent sequentially.
May 21, 2015 at 10:57 | Source: Moneycontrol.com
Key factors to watch out for are slippages from restructured book. Fresh resturcing is seen to be at Rs 5500- Rs 6000 crore in Q4. Fresh restructuring could be higher due to forbearance ending.
May 21, 2015 at 10:11 | Source: Moneycontrol.com
LIC has been buying stakes in PSU banks through private placements to help then raise capital as few other investors were willing to put money given asset quality concerns.
May 20, 2015 at 19:05 | Source: PTI
The SBI, country's largest lender, will also provide loans to SME customers who supply products to Amazon to help them increase their operations.
Messages on Gold Loan Sector »

suman2011s

Gold Member

76 Followers

Manappuram  

Housing Finance Ltd, Dewan Housing Finance Ltd, etc. Moreover, the price of Gold is expected to remain buoyant due to Syrian Crisis and also due to domestic demand, arising from the ensuring festive season. Therefore, I feel this is one of the safest stocks from GOLD LOAN sector. Moreover, when

2.41 PM Sep 4th 2013

ContraryOpi
nion

Platinum Member

52 Followers

SKS Microfin  

No Neelesh. It pertains to SKS. They were contracting their micro-finance business line and diversify into other areas particularly gold loan sector

12.20 PM Apr 18th 2013

Manappuram  

What about 75% LTV as recommended by KUB Rao committee. Microfinance sector has been rescued by RBI, but Gold Loan Sector is still waiting for implementation and stricter regulation which only be good for the future and long term prospects of the sector.

5.17 PM Mar 14th 2013

Budget Messenger

Platinum Member

307 Followers

Economy  

Will the Budget have measures aimed specific to gold loan sector?

8.17 PM Feb 25th 2013

nil_1981

Gold Member

10 Followers

Manappuram  

`t play any game. Hope upcoming KUB Rao report will bring more clarity on the gold loan sector & PE will be rerated for both the stocks. P.S: My investment is only in Manappuram & not in Muthoot.

9.17 PM Nov 17th 2012

nil_1981

Gold Member

10 Followers

Manappuram  

Low promoter holding doesn`t matter. Muthoot is a market leader in Gold Loan sector & market leader always trade at premium to its peers. You can check any other industry. e.g. TCS is now market leader in IT sector & it is trading at 25% premium to Infosys.

11.18 AM Nov 17th 2012

vbaidya

Platinum Member

52 Followers

Manappuram  

excellent stock.....I bought in parts and now hold 15000 shares of MF@ 38. I am sure it will give me very good result once the Gold loan sector stabilizes. cheers and happy investing...!

10.55 AM Aug 15th 2012

Web Messenger

Platinum Member

288460 Followers

News Now  

Source:Economic Times - BY VP Nandakumar When the RBI released its Financial Stability Report of June 2012, the gold loans sector once again came in for scrutiny. At the top of RBI`s concerns about the gold loan NBFCs was the concentration risk inherent in the business model, brought into sharper

11.54 AM Jul 31st 2012

Web Messenger

Platinum Member

288460 Followers

News Now  

Source:Economic Times - BY VP Nandakumar When the RBI released its Financial Stability Report of June 2012, the gold loans sector once again came in for scrutiny. At the top of RBI`s concerns about the gold loan NBFCs was the concentration risk inherent in the business model, brought into sharper

11.52 AM Jul 31st 2012

uramasa

Platinum Member

1101 Followers

Manappuram  

products with lowest deliquencies. India`s gold loan sector will grow at 35 to 40% over the coming years. As Rating companies reaffirm faith in Manappuram, manappuram is surely a bright candidate to invest in with long term perspective. my target is as below-- short term target-45.00 medium term target-65

3.19 PM Jun 30th 2012

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Sep 12, 2012 at 03:42 | Source: The Hindu BusinessLine
Jul 31, 2012 at 09:36 | Source: Economic Times
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