http://www.firstpost.com Firstpost Wed, 19 Jun 2013 13:43:43 +0000 en-US hourly 1 http://www.firstpost.com/investing/no-loan-against-gold-etfs-mf-coins-and-also-to-buy-gold-821017.html#comments Tue, 28 May 2013 05:12:37 +0000 FP Editors http://www.firstpost.com/?p=821017 As a gold consumer, you won't get a loan against gold ETFs, MF and coins. If you plan to buy gold, you can't avail a loan from an NBFC to do so. ]]> http://www.firstpost.com/investing/no-loan-against-gold-etfs-mf-coins-and-also-to-buy-gold-821017.html/feed 0 http://www.firstpost.com/economy/drop-in-gold-prices-will-check-speculation-but-increase-consumption-rbi-749915.html#comments Mon, 06 May 2013 03:00:08 +0000 hidden http://www.firstpost.com/?p=749915 Amid a steep fall in gold prices recently and the resultant risks to the system, the RBI on Friday further tightened screws on gold loans by banks, restricting them to finance import of the precious metal only for gold jewellery exporters.]]> http://www.firstpost.com/economy/drop-in-gold-prices-will-check-speculation-but-increase-consumption-rbi-749915.html/feed 0 http://www.firstpost.com/economy/gold-loan-curbs-are-because-of-risk-concentration-rbi-278964.html#comments Tue, 17 Apr 2012 14:04:04 +0000 Sourav Majumdar http://www.firstpost.com/?p=278964 Move to restrict bank exposure to gold loan companies was not prompted by any specific company, says RBI Governor Subbarao.]]> http://www.firstpost.com/economy/gold-loan-curbs-are-because-of-risk-concentration-rbi-278964.html/feed 0 http://www.firstpost.com/business/rbi-blow-manappuram-looks-set-to-lose-more-than-muthoot-256015.html#comments Mon, 26 Mar 2012 13:48:31 +0000 FP Editors http://www.firstpost.com/?p=256015 The markets have hammered both gold loan companies after RBI's new norms, but Manappuram seems to be worse impacted.]]> http://www.firstpost.com/business/rbi-blow-manappuram-looks-set-to-lose-more-than-muthoot-256015.html/feed 0 http://www.firstpost.com/economy/rbi-norms-on-nbfcs-a-positive-in-the-long-run-say-experts-253476.html#comments Fri, 23 Mar 2012 06:25:08 +0000 hidden http://www.firstpost.com/?p=253476 RBI guidelines will have an overall positive impact on the sector over the long-term, as these will reduce regulatory uncertainties that the sector has witnessed in the recent past and enhance stakeholders' confidence.]]> http://www.firstpost.com/economy/rbi-norms-on-nbfcs-a-positive-in-the-long-run-say-experts-253476.html/feed 0 http://www.firstpost.com/business/how-mannapuram-muthoot-burst-their-own-bubble-252455.html#comments Thu, 22 Mar 2012 08:43:47 +0000 FP Editors http://www.firstpost.com/?p=252455 The existing high net interest margins enjoyed by these gold companies have not only attracted the regulators but also competitor.]]> http://www.firstpost.com/business/how-mannapuram-muthoot-burst-their-own-bubble-252455.html/feed 0 http://www.firstpost.com/business/rbi-imposes-prudential-norms-on-nbfcs-giving-gold-loans-251877.html#comments Wed, 21 Mar 2012 16:14:49 +0000 hidden http://www.firstpost.com/?p=251877 The prudential norms have been imposed considering the rapid growth of such firms and nature of their business model which has increased dependence on public finance.]]> http://www.firstpost.com/business/rbi-imposes-prudential-norms-on-nbfcs-giving-gold-loans-251877.html/feed 0 http://www.firstpost.com/investing/muthoot-finances-rs-500-cr-bond-issue-opens-tomorrow-230007.html#comments Thu, 01 Mar 2012 03:06:14 +0000 hidden http://www.firstpost.com/?p=230007 The issue, priced at Rs 1,000 per bond with a minimum of Rs 5,000 worth of bonds, opens on March 2 and closes on March 17. ]]> http://www.firstpost.com/investing/muthoot-finances-rs-500-cr-bond-issue-opens-tomorrow-230007.html/feed 0 http://www.firstpost.com/business/will-debt-damage-manappuram-a-post-rbi-peek-at-the-numbers-205632.html#comments Tue, 07 Feb 2012 07:08:46 +0000 Shishir Asthana http://www.firstpost.com/?p=205632 The RBI has warned the public against Manappuram's efforts to raise deposits. The company's interest burden is growing twice as fast as income.]]> http://www.firstpost.com/business/will-debt-damage-manappuram-a-post-rbi-peek-at-the-numbers-205632.html/feed 0 http://www.firstpost.com/business/gold-loans-bubble-is-sure-to-pop-sooner-than-later-67607.html#comments Wed, 24 Aug 2011 03:36:25 +0000 Jagannathan http://www.firstpost.com/?p=67607 The loans-against-gold business is growing like gangbusters. But competition is growing and margins thinning. If gold prices fall, there is a danger of the business suddenly hitting the skids. ]]> http://www.firstpost.com/business/gold-loans-bubble-is-sure-to-pop-sooner-than-later-67607.html/feed 0