Avoid gold finance for now: Anand Rathi Fin services

In an interview with ET Now, AK Prabhakar, Senior Vice-President Equity Research, Anand Rathi Financial Services, gives his views on NBFCs.

ET Now: On the charts Manappuram Finance and other NBFCs?

AK Prabhakar: We are not a fan of NBFC which is a gold funding. Now we have our own reservation there. Better, I would go for frontline like LIC Housing or something else. Now even M&M Finance, I will not touch gold finance for now.