Manappuram, Muthoot slip up to 9% as RBI to review gold loans regulation

Quick Summary:

According to reports, RBI wanted banks and non-banks to also bolster background checks on borrowers and ascertain the ownership of the gold that is being mortgaged.

With inflation under control, policymakers have shifted focus towards sustaining economic growth, especially in the context of global trade uncertainties.

By contrast, a withdrawal of accommodation typically aims to control inflation through rate hikes or tighter monetary policy.

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Category: BusinessFinance

Markets: India

Topics: Manappuram share price Rbi mpc Bse sensex Rbi repo rate Rbi rate cut Gold rate today Interest rate cut rbi Buzzing stocks Market today Manapurram finance share Gold financers Nse nifty50 Muthoot finance share price Markets

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 11:07:01 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 27748878

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