Gold Loan Nbfc

Jump to

Muthoot Finance shares jump nearly 8% on the back of solid Q4 numbers

The consolidated loan AUM grew 11 per cent YoY to Rs 71,497 crore in FY23, compared to Rs 64,494 crore last year. During the quarter, consolidated loan assets under management increased by 10 per cent. Consolidated profit after tax increased by 8 per cent to ₹1,009 crore as against Rs934 crore last quarter.
As gold loans lose shine, lenders face growth test

Small businesses, a significant portion of gold loan borrowers, are seeing their balance sheets under pressure again. This could jeopardise their repayment capacity
IDFC, Shriram Trans, LIC Hsg top NBFC picks: Kotak

Nischint Chawathe of Kotak Institutional Securities believes that non banking financial companies (NBFC) have an upside bias owing to the 1 percent decline in the interest rates for AAA rated bulk borrowers.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Gold Loan Nbfc

Muthoot Finance shares jump nearly 8% on the back of solid Q4 numbers

As gold loans lose shine, lenders face growth test

IDFC, Shriram Trans, LIC Hsg top NBFC picks: Kotak