Need gold coins deposit for new scheme to succeed: Muthoot

Written By Unknown on Selasa, 03 Maret 2015 | 15.45

George Alexander Muthoot, MD, Muthoot Finance says the present scheme of the government is not about deposit of jewelry, it is about converting it to gold bars and not many people will be interested in it as the making charge stands at anywhere between 25 percent and 30 percent.

Finance minister Arun Jaitley in Budget 2015 announced a new gold monetization scheme that will replace gold deposit and gold metal loan schemes, allowing deposits to earn interest in their metal accounts. It will also allow jewelers to obtain loans in their metal accounts.

George Alexander Muthoot, MD,  Muthoot Finance says the present scheme of the government is not about deposit of jewelry, it is about converting it to gold bars and not many people will be interested in it as the making charge stands at anywhere between 25 percent and 30 percent. It is a good scheme for people who have invested in gold, he says.

According to him, if people deposit gold coins, this scheme will succeed.

Stay tuned for more…

Muthoot Finance stock price

On March 03, 2015, at 14:13 hrs Muthoot Finance was quoting at Rs 220.10, down Rs 0.65, or 0.29 percent. The 52-week high of the share was Rs 253.50 and the 52-week low was Rs 153.85.


The company's trailing 12-month (TTM) EPS was at Rs 17.26 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 12.75. The latest book value of the company is Rs 107.88 per share. At current value, the price-to-book value of the company is 2.04.


Anda sedang membaca artikel tentang

Need gold coins deposit for new scheme to succeed: Muthoot

Dengan url

https://kesehatanda.blogspot.com/2015/03/need-gold-coins-deposit-for-new-scheme.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Need gold coins deposit for new scheme to succeed: Muthoot

namun jangan lupa untuk meletakkan link

Need gold coins deposit for new scheme to succeed: Muthoot

sebagai sumbernya

1 komentar:

Blogger mengatakan...

Silver Gold Bull is a highly trusted precious metals dealer. They will provide you with bargain, up-to-minute rates and make sure that your precious metals are delivered to your door discreetly and fully insured.

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger