SENSEX NIFTY

Gold Loan Sector

Nov 20, 2014 at 22:26 | Source: PTI
"We clarify that this is a memorandum of understanding. This is not a loan sanction that we have given. It will go through proper due diligence both on the credit side as well as on the viability side," SBI Chairperson Arundhati Bhattacharya said.
Nov 18, 2014 at 13:12 | Source: Moneycontrol.com
A largest gold loan NBFC, Muthoot Finance is going to raise Rs 400 crore via its public issue of secured reedemable non-convertible debentures and unsecured reedemable non-convertible debentures of face value of Rs 1,000 each. The issue is going to open tomorrow (November 18).
Nov 18, 2014 at 09:10 | Source: CNBC-TV18
Anish Damania of IDFC Securities believes that the earnings growth cycle for PSBs is better than private sector banks. He has become very positive on State Bank of India and also likes Bank of Baroda.
Nov 17, 2014 at 09:03 | Source: Reuters
The Indian trading and infrastructure conglomerate signed a memorandum of understanding to line up a loan of up to USD 1 billion from the State Bank of India for the Carmichael mine in Queensland, which it aims to build by the end of 2017.
Nov 11, 2014 at 09:14 | Source: CNBC-TV18
Nischint Chawathe, senior analyst at Kotak Institutional Equities feels the revised RBI guidelines for NBFCs is better than expected. In fact, he expects NBFC stocks to react positively to the RBI announcement.
Nov 08, 2014 at 16:03 | Source: Moneycontrol.com
Equity Mutual Funds closed in green as the equity benchmarks closed marginally lower amid consolidation on Friday, weighed down by capital goods, metals, auto and index heavyweights like Reliance and ITC.
Nov 07, 2014 at 18:29 | Source: PTI
Bank of Maharashtra's net profit in the second quarter ended September more than trebled to Rs 162.91 crore on rise in other income and drop in bad loans provisioning.
Nov 05, 2014 at 08:46 | Source: Moneycontrol.com
Maintaining its cautious view, global rating agency Moody's recently said that it remains negative on Indian banks on the back of high leverage in the corporate sector.
Nov 03, 2014 at 17:02 | Source: CNBC-TV18
Bank of India has posted a 26.4 percent increase in its net profit on year-on-year basis to Rs 786 crore against Rs 621.77 crore led by fall in provisions and higher net interest income.
Nov 03, 2014 at 08:39 | Source: CNBC-TV18
According to Sanger, there is surplus liquidity in the world and scarcity of growth and India is the only bright spot. Its GDP is expected to move from 5 percent to 6.5 percent in the next few years. He says the outlook for India has improved in past few months.
Messages on Gold Loan Sector »

suman2011s

Gold Member

28 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

233 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

252501 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

252501 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

939 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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