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Business News/ Videos / Markets/  Muthoot Finance, Manappuram Finance Shares Dive 3% After RBI Flagged Gold Loan Concerns

Muthoot Finance, Manappuram Finance Shares Dive 3% After RBI Flagged Gold Loan Concerns

Muthoot Finance and Manappuram Finance shares declined almost 3% in trade on October 1. The Reserve Bank of India flagged deficiencies in gold-lending practices. The RBI flagged issues with the to use of third party agencies, inadequate due diligence and monitoring of end use of funds. Watch!

 
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