Mark to Market

106: Gold loan lenders glitter, hope for growth to sustain

Episode Summary

Gold loan companies are reaping benefits of a rise in gold prices and demand for emergency finance amid a pandemic. Both Manappuram Finance and Muthoot Finance reported a rise in asset under management growth for the September quarter. But will volatile gold prices upset this healthy trend?

Episode Notes

Gold loan companies are reaping benefits of a rise in gold prices and demand for emergency finance amid a pandemic.

Both Manappuram Finance and Muthoot Finance reported a rise in asset under management growth for the September quarter.

But will volatile gold prices upset this healthy trend?