Gold loan NBFC stocks faced pressure on June 10, with Manappuram Finance down 5.6% and Muthoot Finance down 4% amid falling gold prices. Concerns over non-performing assets and reduced loan demand grow as geopolitical tensions and rising interest rates diminish gold's safe-haven status.
Gold loan NBFC stocks faced pressure on June 10, with Manappuram Finance down 5.6% and Muthoot Finance down 4% amid falling gold prices. Concerns over non-performing assets and reduced loan demand grow as geopolitical tensions and rising interest rates diminish gold's safe-haven status.
<iframe src="https://hindustansphere.com/embed/cluster/9f7c8ce8cd2b654e0a9f3e148c8e2930c42006e8" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Gold loan stocks slide as gold prices extend decline; Muthoot, Manappuram fall up to 5.5%"></iframe>
