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Manappuram Finance crashes 20% over loan losses; investors plan to notify Sebi – Economic Times

finance - Google News Mar 20th, 2013 Finance.



Economic Times

Manappuram Finance crashes 20% over loan losses; investors plan to notify Sebi
Economic Times
Gold finance companies like Manappuram were giving loans up to 85% of value of the gold. RBI has capped LTV ratio to 60%. The company had reported a 48% decline in net profit to 84 crore from 161 crore. RBI also reduced banks' exposure to these ...
Gold finance companies extend fall on growth concernsBusiness Standard
Manappuram Finance shares slump 14%Hindu Business Line
Manappuram Finance stocks tumble on expected lossesTruthDive
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