Home Economic Times Muthoot Finance | Manappuram Finance: Muthoot or Manapurram: Which one’s higher positioned to reap the benefits of international rumblings?

Muthoot Finance | Manappuram Finance: Muthoot or Manapurram: Which one’s higher positioned to reap the benefits of international rumblings?

Muthoot Finance | Manappuram Finance: Muthoot or Manapurram: Which one’s higher positioned to reap the benefits of international rumblings?

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How does rising gold costs assist Muthoot and Manappuram? Suppose an individual borrows from one of many gold financing gamers, and the costs of the steel rises, the worth of the collateral used to safe the mortgage will increase. It is because if a borrower comes with gold value Rs 100 as collateral, the gold financing firm offers a mortgage of solely Rs 70. So there may be all the time a buffer. So the place do the present market circumstances put these gamers?

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