[ad_1] Shares of gold financing company, Muthoot Finance fell as much as 6% on Friday, April 11, after the Reserve Bank of India published draft rules on lending against gold collateral on Wednesday, as promised by the RBI Governor Sanjay Malhotra during his monetary policy statement. Shares of its peers IIFL Finance fell 1%, while […]
Muthoot, IIFL Finance shares fall up to 10% after these announcements by the RBI Governor – CNBC TV18
[ad_1] Shares of gold financing companies, Muthoot Finance Ltd. and IIFL Finance Ltd., fell as much as 9% on Wednesday, April 9, after RBI Governor Sanjay Malhotra announced that the central bank will be releasing comprehensive guidelines on gold loans. “Loans against the collateral of gold jewellry and ornaments commonly known as gold loans are […]