....Despite the stricter norms imposed by the Reserve Bank of India in April, curtailing the LTV of gold lenders, both Muthoot Finance and Shriram City Union Finance (gold loans form 40 per cent of its total assets) continued to post robust loan growth of 41 per cent and 23 per cent, respectively. Analysts though remain sceptical on the sustainability of Muthoot's loan growth for this fiscal in the wake of the new LTV norms and are factoring in an increase of just 1.9 per cent.......
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