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Gold loan companies feel growth pangs

By Bruhadeeswaran R

  • 18 Feb 2013
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Gold loan companies feel growth pangs

Muthoot Finance and Manappuram Finance, the PE-backed non-banking finance companies (NBFCs) who lend against gold, have hit rough weather since the Reserve Bank of India took measures to bring more order and discipline in their functioning. The financial results for the third quarter ended December 31, 2012, were nothing to ......

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