
Muthoot Finance shares down 5% despite strong Q4 results, draft LTV norms concerns
Muthoot Finance shares tumbled 5 per cent despite strong Q4 performance due to RBI’s draft regulations on loan-to-value (LTV) norms shaking investors’ sentiment. However, based on the favourable demand outlook for gold loans, the company is well-positioned to maintain its loan growth momentum. The draft guidelines, if implemented, will have a near-term impact on the...
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