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Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's why
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ET Markets - Stocks 16d ago

Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's why

Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal Reserve rate hikes pressured bullion, raising concerns over collateral values and loan demand for gold-backed lenders such as Manappuram Finance, Muthoot Finance and IIFL Finance.

DOLLARIIFLLTFMANAPPURAMMUTHOOTFINFinancial ServicesTextiles
IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women
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CNBC TV18 - Markets 134d ago

IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women

IIFL Home Finance secures a 300 million dollar loan from Asian Development Bank and partners to boost affordable, green housing finance for low-income women in India amid a major housing deficit.

AADHARHFCAFFORDABLEAPTUSAUBANKBAJAJHFLBANKINDIACAPITALSFBCORALFINACDOLLAREQUITASBNKESAFSFBGICHSGFINHOMEFIRSTHUDCOIIFLJSFBLICHSGFINLTFMUFINPNBHOUSINGREPCOHOMERHFLSRGHFLSURYODAYUJJIVANSFBUTKARSHBNKCapital GoodsFinancial Services