106: Gold loan lenders glitter, hope for growth to sustain

Mark to Market

English - November 07, 2020 08:14 - 6 minutes - 5.69 MB
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Gold loan companies are reaping benefits of a rise in gold prices and demand for emergency finance amid a pandemic.

Both Manappuram Finance and Muthoot Finance reported a rise in asset under management growth for the September quarter.

But will volatile gold prices upset this healthy trend?