IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/64250.html
   My bibliography  Save this paper

Discernible growth of Gold Loan NBFCs in India

Author

Listed:
  • George, Justine
  • Kurian, Alphonsa

Abstract

Discernible growth of gold loan NBFCs recorded mainly on the backdrop of appreciation in gold price affirming the indicators of financial soundness such as capital adequacy ratio, Non Performing Asset (NPA) and share of borrowing in the total asset of bank that are contained well within the limit specified by RBI. Rules and regulations on gold loan NBFCs and concomitant decline in gold price have led to the saturation of growth of NBFCs. In short, the sharp correction of gold price would have a devastating effect not just on gold loan NBFCs but also on the entire financial market.

Suggested Citation

  • George, Justine & Kurian, Alphonsa, 2014. "Discernible growth of Gold Loan NBFCs in India," MPRA Paper 64250, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64250
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/64250/1/MPRA_paper_64250.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    NBFCs; RBI; Gold Loan.;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:64250. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.