SENSEX NIFTY

Gold Loan Sector

Apr 27, 2015 at 16:05 | Source: CNBC-TV18
Gold has not lost its glitter the world over even moreso in India. Various estimates indicate that the total gold hoarded in the country could be around 20,000 tonnes and Kerala consumes 20-30 percent of the total consumption and one Kerala based firm decided to build a flourishing business around it, Muthoot Finance.
Apr 27, 2015 at 14:56 | Source: CNBC-TV18
Jignesh Shial, Research Analyst at IDBI Cap Markets, says the stock is a buy but adds that investors should keep a cautious stance on it.
Apr 24, 2015 at 15:24 | Source: Reuters
The stricter provisioning norms may also affect the recovery chances of troubled borrowers as more loans are classified as bad instead of attempts to restructure them.
Apr 24, 2015 at 12:52 | Source: Reuters
State-run SBI received shareholders' approval to raise funds in February as part of efforts to strengthen its balance sheet on hopes of a pickup in loan demand in Asia's third-largest economy.
Apr 24, 2015 at 08:46 | Source: CNBC-TV18
SBI chairman Arundhati Bhattacharya says increasing the amount of home loans for PSL is a positive step. According to her, overall asset quality pressure may ease in near-term.
Apr 23, 2015 at 11:52 | Source: Moneycontrol.com
Nomura remains positive on the stock with a buy rating and a target price of Rs 920 per share. Daiwa also has a buy rating with a target price of Rs 916 per share expecting loans to grow around 30 percent year-on-year in FY16.
Apr 18, 2015 at 11:00 | Source: PTI
Concerned over rising bad loans in the infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks on April 28 to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.
Apr 17, 2015 at 09:32 | Source: PTI
In ICRA's estimates, HFCs will need external capital of around Rs 18,000-28,000 crore to grow at 20-22 percent over the next 5 years, assuming an internal capital generation of 16 percent while maintaining the capitalisation levels at current levels.
Apr 14, 2015 at 16:08 | Source: PTI
The rate has been revised downward from 10.15 percent and the new rate would be effective from Wednesday, DHFL said in a statement.
Apr 14, 2015 at 15:54 | Source: PTI
The cut in the home loan rate is in line with the base rate reduction of 0.25 percent announced last week as there is no tinkering with spreads on loans.
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

300 Followers

Economy  

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

8.17 PM Feb 25th 2013

nil_1981

Gold Member

9 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

9 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

282795 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

282795 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

1078 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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