Asian stocks drift higher as Yen gainsThe S&P 500 slipped 0.5% Thursday while the Nasdaq 100 declined 1.1% as tech giants including Nvidia Corp and Microsoft Corp slumped. Small...
26 Jul, 2024, 06.43 AM IST
Pressure on ROEs of gold loan cos an area of concern: ICICI SecuritiesIn July, Investec Securities had downgraded its ratings on Muthoot and Manappuram to hold from buy, viewing them as value traps in the cont...
24 Aug, 2022, 06.35 AM IST
Gold Finance cos may be value traps if loans don’t pick up: Investec“We view gold financiers as value traps if loan growth does not pick up,” it said. Investec said gold prices and ticket sizes have been the...
20 Jul, 2022, 07.00 AM IST
Stock up on MFIs, gold loan cos on correction: Prateek Agarwal, ASK investment"I really believe that NBFC is te space to be in and unlike in the past, they would not br squeezed out by the banks any more"
14 Sep, 2016, 11.39 AM IST
Sensex closes 190 points up; Nifty reclaims 7600 levelsNifty also closed above its crucial psychological resistance level of 7600, supported by gains in realty, banks, and auto stocks.
11 Aug, 2014, 03.48 PM IST
Sensex ends in red after a flip-flop tradeThe Nifty index was also ended below its crucial psychological support level of 7650, weighed down by losses in capital goods, IT & consume...
07 Aug, 2014, 03.40 PM IST
Sensex slips over 100 points, Nifty below 7650 levelsThe Nifty was trading below its crucial psychological support level of 7650, weighed down by losses in capital goods, IT and realty stocks.
07 Aug, 2014, 03.10 PM IST
See good potential for gold loan companies once regulatory framework settles: I Unnikrishnan, Manappuram FinanceIn an interview with ET Now, I Unnikrishnan, MD, Manappuram Finance, shares his company’s business outlook.
14 Nov, 2013, 03.42 PM IST
Muthoot Finance: A good bet despite growth concernsThe correction in the stock price over the past few months makes the stock attractive compared to other non-banking financial companies.
02 Oct, 2013, 01.50 PM IST
Infosys, HCL Tech, Lupin likely to gain from rupee depreciationBofA-ML feels that most of the depreciation may be behind us as; gold imports are reducing and likely to fall.
12 Jun, 2013, 12.26 PM IST
Most of rupee's depreciation may be behind us: BofA-ML"In the near term, the rupee will likely be volatile with global events and the RBI will have to instill confidence in the market," Jaipuri...
12 Jun, 2013, 11.16 AM IST
Few possible roll-outs from RBIThe RBI in its monetary policy statement for the year 2013-14 could propose framing of norms to regulate incentives given to banking staff.
01 May, 2013, 06.44 AM IST
RBI Q2 monetary policy review 2012-13: Key highlightsHere is a look at the key highlights of the RBI's Second Quarter Review of Monetary Policy for 2012-13.
30 Oct, 2012, 11.27 AM IST
Deven Sharma - The Jharkhand boy who downgraded USOn August 5, S&P, led by Jharkhand-born Deven Sharma, struck off 'AAA' rating of US, considered the Gold standard in the world of finance.
14 Aug, 2011, 11.49 AM IST
- Withdrawal of PSL benefit: Cost of funds for gold loan cos to go up
RBI had last week revised its PSL norms under which a bank lends at lower interest rates to borrower institutions engaged in socially uplif...
08 Feb, 2011, 08.47 PM IST
- Housing scam: CBI issues notices to 21 companies
The CBI on Thursday issued notices to 21 companies which allegedly received loans from public sector banks and financial institutions.
26 Nov, 2010, 05.24 AM IST
- Fed showing signs it would prefer not to cut interest rates more
The Federal Reserve's decision Friday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any furth...
03 May, 2008, 02.18 AM IST