Muthoot Finance and Manappuram Finance shares fall on new RBI norms
... for transactions above Rs 5 lakh. All high value loans of Rs 1 lakh and above must be disbursed through cheques only. According to Prakash Gaba, Technical Analyst, prakashgaba.com, Muthoot Finance can go down to Rs 85 zone in the near term.
Manappuram, Muthoot Finance slip on new RBI norms
Muthoot, Manappuram Finance dip on RBI measures