Is Muthoot’s stock correction a moment of truth for gold-loan NBFCs? - Moneycontrol

Muthoot recorded a quarter-on-quarter fall in AUM and PAT, with banks showing an increasing interest in gold-loan segment

Non-banking financial companies (NBFCs) that sell gold loans are facing the heat from bigger banks, who have been pushing these loans aggressively since the pandemic. This is particularly reflected … [+6711 chars]

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