Manappuram Finance crashes 20% over loan losses; investors plan to notify Sebi
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 concerns
Manappuram Finance shares slump 14%
Manappuram Finance stocks tumble on expected losses