Today now brokerages houses are positive on muthoot finance and manapuram finance .Rusmik Oza, Executive Vice President and Head of Fundamental Research at Kotak Securities is of the view that the outlook for gold finance companies remains positive, given the fact that the GDP is likely to de-grow by -11.5 percent in this fiscal year. Besides, Oza added that the rising cases of COVID-19 in smaller towns, semi-rural areas and rural areas would increase the stress levels in many parts of the country. In these circumstances, many micro businessmen and households would resort to gold finance to tide over the difficult times. "With rising gold prices the asset under management (AUM) of the two leading gold finance companies has grown consistently for the last ten quarters when other NBFCs are struggling to grow their book," Oza said Oza highlighted gold Finance companies have an advantage over banks because of their expertise in this field and quicker turnaround time. Gold Finance companies also face a lesser risk of NPAs because of liquid asset and lower LTVs. The volatility of gold prices too is not expected to impact gold financers significantly.