continuing their rally as the Reserve Bank of India raised the loan-to-value ratio for lending against gold to small borrowers with a ticket size of up to Rs 2.5 lakh to 85% from 75% earlier. Muthoot Finance will likely benefit the most because the lender has 63% of its loan book below Rs 3 lakh. Positive sentiment for gold loan companies after RBI revised the loan-to-value (LTV) ratio for gold loan.

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