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GOLD LOAN NPA
Gold loan NPA rises in first five months while eases over a three-year horizonIndia’s gold loan market has experienced a rise in non-performing assets, reaching 0.78% by August 2023. The total outstanding volume grew ...
These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MDMuthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company exp...
Muthoot Finance Q2 cons profit jumps 36% YoY to Rs 3,278 croreMuthoot Finance reported a 36% year-on-year rise in consolidated net profit to Rs 3,278 crore in Q2, while assets under management grew 42%...
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
Banks defy Treasury drag, clock double-digit profit growth in July-Sept quarterIndian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank reported double-digit Q2 profit growth, supported by core income and loan exp...
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsGiven the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term head...
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
Subdued H2 credit offtake ahead for banks, NBFCs: CareEdgeAny incremental growth is likely going to be driven by a pickup in retail lending segments such as housing, MSME, two-wheelers, and gold lo...
NPA against outstanding amount under Mudra Yojana rises to 9.8% in March 2025The Pradhan Mantri Mudra Yojana (PMMY) scheme's NPA rate for Scheduled Commercial Banks has increased to 9.81% as of March 2025. Loans agai...
Why high gold prices are making both banks and borrowers smileRising gold prices are helping small businesses and reducing loan defaults. Lenders like Muthoot Finance and Manappuram Finance are auction...
Muthoot Finance sees strong growth in gold loan portfolioSee, when the loan is given for one year and thereafter, it is treated as an NPA after 90 days. So, when it becomes an NPA, the option for ...
CSB Bank posts 180% jump in net profit at Rs 148 croreThe bank said it managed to contain bad loans in both gold and non-gold assets. Out of the gross NPA of Rs 389 crore, Rs 102 crore is gold ...
Muthoot Finance to benefit from improving gold loan segment: What makes it stock pick of the weekIn addition to its brand image, increasing its branch networks is also helping Muthoot. Due to steady business growth, analysts believe its...
Manappuram Finance Q4 results: Net profit rises 35% to Rs 458 crOpportunity for lending against gold as collateral remained high as availability of other personal loans fell as lenders in general turned ...
For next 3-4 quarters, there will be good demand for gold loans: George Alexander MuthootIn the next three quarters, by the end of next year, we should be able to reach 15% or more AUM growth.
There will be no impact of elections on gold loans or recovery: George Alexander Muthoot, Muthoot FinanceFrom second half of December, we are seeing an uptick in gold loans, says Muthoot.
Muthoot's vehicle finance, personal loan entry plan is taking shape
Retail loans soar 17.7 per cent in 2016, NPAs also move up: ReportThe late improvement in retail NPAs was driven by improvement in portfolios of auto and agri loans at public sector banks and non-bank fina...