Second bond issue from the firm after it placed $450 mn for 3-year tenor at 6.13% in Oct 2019
At Rs 36,620 crore m-cap, the stock displaced AU Small Finance Bank, PNB and Shriram Transport among notable names
A healthy loan growth and asset quality should help protect return on assets, but these may be priced in
The average gold price in the September 2019 quarter, so far, is now up 11.5% from the June quarter
With interest returning to gold, Muthoot Finance and Manappuram Finance are among biggest beneficiaries