Gold Loan Sector

Jul 31, 2015 at 16:00 | Source: PTI
Private sector Karur Vysya Bank on Friday reported a 10.2 percent rise in its net profit at Rs 134.58 crore for the quarter ended June.
Jul 31, 2015 at 12:18 | Source: Moneycontrol.com
ICICI Bank's first quarter net profit grew by 12 percent year-on-year to Rs 2,976 crore and net interest income rose by 13.9 percent to Rs 5,115 crore. Asset quality improved on sequential basis.
Jul 31, 2015 at 10:06 | Source: CNBC-TV18
But it is also evident, as discussed recently that another reason is the legacy non-performing loan (NPL) issue in the state-owned part of the banking sector & the continuing failure to recapitalise those state-owned banks, Wood said.
Jul 30, 2015 at 19:18 | Source: PTI
"There has been a slight pick-up (in deposit growth) and more importantly deposit growth is outpacing loan growth," HDFC Bank Deputy Managing Director Paresh Sukthankar told reporters.
Jul 30, 2015 at 15:13 | Source: CNBC-TV18
Chauhan tells CNBC-TV18 that profitability should be good as the net interest income and net interest margin of the bank is improving.
Jul 30, 2015 at 14:17 | Source: CNBC-TV18
In an interview with CNBC-TV18, Sharad Sharma, Managing Director of State Bank of Mysore expects the bank's asset quality to improve from second quarter of this year.
Jul 29, 2015 at 18:48 | Source: CNBC-TV18
Speaking to CNBC-TV18, Rajat Monga CFO, YES Bank says the bank has restructured two borrower's accounts in the road sector for the quarter, totalling to about 20-21 bps on the banks' loan book.
Jul 29, 2015 at 15:43 | Source: PTI
It can be noted that the sluggishness in the economy, coupled with regulatory and judicial actions, has resulted in increased instances of loan losses for banks, with sectors like power, shipping, iron and steel, aviation and infrastructure being badly affected.
Jul 29, 2015 at 14:42 | Source: PTI
The bank's profit witnessed significant increase as the ratio of bad loans improved , and also because it did not make any provision towards wage revision during the quarter.
Jul 29, 2015 at 10:45 | Source: CNBC-TV18
In an interview to CNBC-TV18, Punjab National Bank executive director Ram Sangpure says of the loans to be refinanced, 70 percent are from steel sector and 30 from power.
Messages on Gold Loan Sector »

suman2011s

Gold Member

75 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

321 Followers

Economy  

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

8.17 PM Feb 25th 2013

nil_1981

Gold Member

14 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

14 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

300151 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

300151 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

1125 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

News across the web »
Sep 12, 2012 at 03:42 | Source: The Hindu BusinessLine
Jul 31, 2012 at 09:36 | Source: Economic Times
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.