Wednesday, January 2, 2013

Reuters: Money News: Shares in gold loan providers surge on RBI report proposals

Reuters: Money News
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Shares in gold loan providers surge on RBI report proposals
Jan 3rd 2013, 05:43

Reuters Market Eye - Shares in gold loan providers such as Manappuram Finance soar after an RBI report proposed increasing the loan-to-value, or LTV, ratio to 75 percent from 60 percent currently.

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