Muthoot Finance, Manappuram shares jump up to 8% on RBI Governor remarks on Gold loans
Shares of Muthoot Finance Ltd. jumped up to 8%, while those of Manappuram Finance Ltd., and IIFL Finance Ltd. surged up to 5% after RBI Governor Sanjay Malhotra’s remarks on gold loans during the RBI policy press conference. The Governor said that the Loan to Value (LTV) or small loans up to ₹2.5 lakh per