Muthoot Finance share price slumps over 8% to 3-month low as RBI seeks stricter gold loan norms
Shares of Muthoot Finance, a non-banking financial company (NBFC) specialising in gold loans, fell for the second consecutive day on Friday, April 11, dropping 8.13% to a three-month low of ₹1,965 apiece. The sharp decline came after the Reserve Bank of India (RBI) issued a new draft guideline for gold loans on April 9, aimed…
