Muthoot Finance shares fall 14% in two-day rout on RBI tightening gold loan (...)
Muthoot Finance shares plummeted after the Reserve Bank of India (RBI) announced forthcoming comprehensive regulations for gold-backed loans, triggering a selloff. The new rules include a uniform Loan-to-Value (LTV) cap of 75% and stricter monitoring of gold loans for income generation. Other (...)
Site référencé: The Economic Times
The Economic Times
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