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GOLD LOAN LTV
Muthoot Finance shares crash 8% even after Q4 net profit soars 105% YoY. Here’s what Jefferies, Morgan Stanley sayMuthoot Finance's shares plunged over 8% despite reporting a 105% year-on-year surge in net profit to Rs 3,086 crore for Q4 FY26. The compa...
Buy, Sell or Hold: Elara Capital maintains a buy rating on Oil India; Goldman Sachs retains a buy rating on JSW SteelBrokerage firms are optimistic about specific market segments. Strong earnings, supportive policies, and better balance sheets are driving ...
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
Global uncertainties impact gold loan prices; so CSB will remain cautiousIn light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lendin...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
Gold loan guide: 7 things you must know before you pledge your gold
Gold loan NBFCs have enough buffer for now — but a second 15% price drop would test them: Fitch RatingsGold prices have dropped over 15%, but India's gold loan NBFCs remain stable due to strong collateral buffers. Fitch Ratings notes that a f...
RBI's loan-to-value limit hike for gold loans to support NBFCsRBI's revised gold loan regulations, featuring a higher loan-to-value (LTV) ceiling, are expected to bolster growth for gold loan-focused N...
Gold loan rules: 9 crucial proposals made by RBI in the draft guidelines and how they may impact your borrowingGold loan draft rules: RBI has issued a draft for uniform guidelines on gold loans across banks and NBFCs. These proposals can impact how y...
RBI issues draft guidelines on gold loansLast September, the central bank directed lenders to follow rules after it observed deficiencies in processes like loan appraisal, end-use ...
Gold loan companies' AUM could rise 18-20% this fiscalCrisil Ratings on Tuesday said that assets under management (AUM) of non-banking financial companies (NBFCs) that primarily offer loans aga...
Gold price correction to hit banks more than NBFCs: ReportHowever, banks that were aggressively disbursing gold loans during the last fiscal may see some impact on their asset quality, Crisil Ratin...
Gold loan NBFCs to witness 15-18% growth in FY21: CrisilGold loans would be preferred also because NBFCs and banks have tightened their underwriting norms for other loans, leading to cautious len...
Non-bank lenders approach RBI to raise LTV on gold loans to 90%The companies feel that if their LTV is increased at par with banks, they will be able to cater to the financial requirements of a larger s...
Banks to be cautious despite gold loan LTV relaxation: ReportLast week, the Reserve Bank of India (RBI) had increased the permissible LTV ratio for loans against pledge of gold ornaments and jewellery...
Increase in gold loan LTV will heighten credit risks for banks: ReportThe RBI had on Thursday increased the LTV ratio for gold loans by banks to 90 per cent from the earlier 75 per cent, in a bid to make money...
Why higher LTV is not as good for gold finance companies as it seemsAverage gold price in India has shot up by nearly 40% in the past six months amid volatile equity market and dwindling economic growth due ...
RBI draft report recommendation to enhance loan to value ratio from 60% to 75% will enable us to improve our business: Gold loan companiesThe step was to ensure a level-playing field withthe banks which were lending at 60% LTV ratio as against 80% or 85% at higher interest rat...
- RBI move on gold loan will trim companies' margins: Analysts
Analysts pointed out that the clampdown will erode the margins of gold financing companies and curtail growth.