SENSEX NIFTY

Gold Loan Sector

May 24, 2016 at 14:17 | Source: Reuters
Vinod Rai, the veteran bureaucrat appointed this year to run the new Banks Board Bureau, told Reuters the government stood ready to inject fresh funds beyond the USD 3.7 billion earmarked in the 2016/17 Budget.
May 23, 2016 at 21:32 | Source: PTI
After three years of tepid growth, the securitisation market grew 45 per cent to aroundRs 25,000 crore in 2015-16 over the previous year and is likely to grow further this fiscal with pick-up in commercial vehicles and construction equipment sector
May 18, 2016 at 20:32 | Source: PTI
The bank had a net profit of Rs 45 crore in the January-March quarter of 2014-15, Corporation Bank said in a statement.
May 18, 2016 at 15:28 | Source: PTI
The company has signed a memorandum of understanding with IndusInd Bank offering vehicle loans at a rate of interest of 18 percent on all Honda two-wheeler models, HMSI said in a statement.
May 18, 2016 at 14:40 | Source: CNBC-TV18
Expect the bank's loan book to grow by 10 percent going forward, says Usha Ananthasubramanian, MD & CEO, Punjab National Bank.
May 17, 2016 at 19:30 | Source: PTI
Kerala-based non banking financecompany Manappuram Finance plans to launch co-branded debitcard to offer gold loans to customers without bank accounts.
May 17, 2016 at 16:50 | Source: PTI
Plagued by the problems of bad loans, public sector banks are making a beeline for Regional Passport Office with request to suspend passports of "chronic" loan defaulters in order to prevent them from escaping from the country
May 16, 2016 at 19:32 | Source: PTI
State-run Dena Bank on May 16 reported a net loss of Rs 326.39 crore in the quarter to March due to increase in provisions for bad loans which soared 200 percent to Rs 1,094 crore.
May 16, 2016 at 17:00 | Source: PTI
Finance Minister Arun Jaitley had some reassuring words on NPAs when he said bad loans have reached the peak and expressed confidence that situationwill get better with improvement in six sectors under stress
May 16, 2016 at 07:54 | Source: PTI
The company entered the SME sector in April 2015, with a focus on lending to businessmen and professionals like lawyers, architects, doctors and CAs. The lending, with a ticket size of Rs 50 lakh to Rs 5 crore and a tenure of 15 years, is secured by way of collateral and cash flows. It closed the fiscal with a loan book of Rs 223 crore.
Messages on Gold Loan Sector »

suman2011s

Gold Member

73 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

401 Followers

Economy  

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

8.17 PM Feb 25th 2013

nil_1981

Gold Member

48 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

48 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

346876 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

346876 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

1401 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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