Muthoot Finance

[thakurvi]

Manappuram Finance

My takeaways from Annual report: Gold loans at lower yields offered by other companies are not sustainable liquidity gets tighter and funding dries up, especially for loss making competitors. 2)Share of online gold loan decreased from 54% to 44% due to high base in previous years which digital lending increased due to pandemic. Please read page no. 35 of Annual report to see the competitive strategies of specialised gold loan NBFC to understand how they differ from bank. I am enclosing the s…