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    • 15-20% price change unlikely to hurt biz: Gold Loan body

      15-20% price change unlikely to hurt biz: Gold Loan body

      The sharp fall in gold prices prompted investors to shun their investments in the gold loan companies like Muthoot and Manappuram. However, the Association of Gold Loan Companies (AGLOC) is of opinion that a 15-20% price fluctuation is unlikely to dent their business.

    • Rao report to remove negative perception of sector: Muthoot

      Rao report to remove negative perception of sector: Muthoot

      Gold stocks have been doing well today after the KUB Rao Committee said that there is no risk to the financial system because of gold loan NBFCs. George Alexander Muthoot, MD, Muthoot Finance told CNBC-TV18 that the move by the committee is positive.

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