Loan To Value

Borrowers of repo-linked home loans are able to benefit from the cut in interest rates from the month after the RBI’s monetary policy announcement.

Common home loan problems and how to avoid them

Home loan will be the biggest loan of your life, both in terms of the amount and the tenure. Doing your homework is pertinent.

How to get a loan for buying commercial property

Though lenders are keen to offer funding to buy a house, it may not be the case with commercial property, especially if you are an investor. Here are 11 factors that influence the lending decision for commercial property

Muthoot Finance in a comfortable space, says Nirmal Bang

MFL is best positioned to benefit from improving business sentiment in the gold loan industry as asset quality concerns are likely to abate, says Nirmal Bang's research report.

New RBI rules to impact unorganised gold loan cos: Muthoot

George A Muthoot, MD, Muthoot Finance said the unorganized sector had taken market share away from the organized players after the RBI had capped the LTV at 60 percent last year.

Loans may grow 8-9% post rise in lending limit: Manappuram

Shares in leading loan-against-gold lenders such as Muthoot Finance and Manappuram Finance vaulted in early trade Thursday after the Reserve Bank of India (RBI) raised the loan-to-value (LTV) for non-banking financial companies (NBFCs) to 75 percent from 60 percent.

Impact of falling gold prices on gold loans

Nitin Vyakaranam of arthayantra.com explains on how falling gold prices have imapcted the gold loan borrowers and companies. He discusses on how companies have been paying the margin in cash due to the fall in its value.

Gold loan portfolios approach tipping point: India Ratings

India Ratings & Research (Ind-Ra) believes that falling gold prices, if sustained, can significantly impair the asset quality of the gold loan portfolios of non-banking finance companies (NBFCs) and banks.

Manappuram Q4 loss seen Rs 50 cr on Rs 250 cr loan default

Gold loan firm Manappuram Finance may report a loss of Rs 50 crore in the current quarter as it may not be able to recover Rs 250 crore of loans given to customer due to a decline in gold prices, Managing Director I Unnikrishnan said in an interview to CNBC-TV18.

NHB measure likely to ensure higher loans for home buying

The National Housing Bank (NHB), the regulator for HFCs, is likely to introduce a scheme of mortgage guarantee cover, which will ensure higher credit availability for home loan borrowers. Given its implementation, all HFCs will now have bigger room to disburse home loans that also may be at a slightly cheaper rate.

Muthoot, Manappuram shares tumble on new RBI norms

Manappuram Finance shares were down 14% to Rs 39.15 and Muthoot Finance shares down 9% to Rs 148.45 in the first hour of trade following the RBI circular late Wednesday evening, restricting loans by gold finance firms to 60% of the value of gold jewellery pledged as collateral.

RBI cautions banks on LTV ratio norms manipulation

The Reserve Bank of India (RBI) on Friday instructed all banks to strictly adhere to its prescribed loan to value or LTV ratio without manipulating the original property value. Earlier in 2010, it had instructed lenders not to exceed LTV ratios of 80% and 90% for home loans above and below Rs 20 lakh respectively.

Muthoot Finance sees another 3-4% correction in gold

George Alexander Muthoot, managing director, Muthoot Finance joins CNBC-TV18 to opine on the fluctuating price of gold and the way forward for his company as a result of the volatility in the supposed safe haven.

Mahindra Finance Q1 net up 34%, cuts LTV by 10%

Mahindra Finance, the non-banking finance (NBFC) arm of Mahindra & Mahindra group, reported 34% year-on-year growth in its net profit at Rs 3,824 crore on the back of robust loan book growth. With its non-performing assets remaining almost unchanged quarter-on-quarter, the company has also managed to maintain its asset quality.