Gold Laon - Flattrade Kosh

Gold loan NBFCs’ growth slows down, firms may take aggressive steps to expand portfolio

Gold loan-based Non-Banking Financial Companies (NBFCs) like Muthoot Finance, Manappuram Finance, etc. are witnessing slower growth in its gold loan franchise due to fierce competition from banks.Rating agency CARE in a report said that Gold Loan NBFCs reported an AUM ...

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