Short Loans, Long Gains? S&P Says Flexibility Will Be Key for Gold Lenders

Unknown Apr 02, 2026 850 Views

S&P Global Ratings has indicated the need for larger credit appraisal adjustments for NBFCs having more than half their loan books gold-backed, including Muthoot Finance (MUTT.NS) and Manappuram Finance (MNFL.NS). The agency has cited a shift in regulatory norms and market dynamics as main dr...