Gold loan companies in the eyes of RBI: Shares of Muthoot, Manappuram Finance fell more than 3%

Shares of Muthoot Finance and Manappuram Finance fell up to 3.9% on BSE on Tuesday. This decline was seen when the Reserve Bank of India (RBI) on Monday revealed several irregularities being practiced by gold loan financiers. RBI found that while giving loans against gold jewellery(…)

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