The crash in gold prices has exposed lenders like Manappuram and Muthoot to thin margins that reduce the buffer they have against potential...

For the first time, the business of lending against gold has come under stress following the sharp fall in the price in recent weeks.

Muthoot Finance Ltd, the largest gold financing company reported 7% growth in net profit to Rs 270 crore during the third quarter of the fi...

The total income for Q3 grew by 11 per cent year-on-year to touch Rs 1,365 crore.

Brokerages have changed their stance on shares of NBFCs offering loans against gold from cautious to optimistic.

Stocks of Muthoot Finance and Manappuram Finance have gained as much as 10.2% and 20%, respectively, on Thursday as investors bet that 2013...

Gold loan firms surged over 15% after the RBI report proposed increasing the LTV ratio to 75% from 60% currently.

The 29 new MiG-29Ks will be in addition to the 16 jets already contracted in the initial $1.5 bn Gorshkov package deal. Maoists develop tec...