100% sure new RBI guideline on gold financing is not going to impact our volumes: Muthoot FinanceGeorge Alexander Muthoot affirms Muthoot Finance's readiness for the RBI's directive, ensuring seamless transitions to bank transfers for l...
09 May, 2024, 12.40 PM IST
90% of Muthoot Finance assets are in gold loans now: George Alexander‘We have reached the milestone of having Rs 50,000 crore of AUM in gold loans.’
10 Feb, 2021, 03.28 PM IST
We expect 15-20% AUM growth for whole of next year: George Alexander MuthootI do not know whether any other NBFC sector has this ALM advantage, says Muthoot
22 Feb, 2019, 03.29 PM IST
Muthoot Finance will consider more fund raising via NCDs: George Alexander Muthoot“We have made Rs 480-crore profit in this quarter which is fairly good compared to the industry.”
07 Dec, 2018, 03.57 PM IST
Muthoot's vehicle finance, personal loan entry plan is taking shape17 May, 2018, 03.43 PM IST
NBFC sector, gold loan firms went through difficult times in past four years: George Alexander Muthoot, Muthoot Finance"The advantage of the credit rating upgrade is that we will be able to have a more wider set of investors as well as reduce our borrowing c...
04 Jul, 2016, 03.22 PM IST
If economy picks up, there will be more demand for gold loans: George Alexander Muthoot, MD, Muthoot FinanceIn an exclusive interaction with ET NOW, George Alexander Muthoot, MD, Muthoot Finance talks about gold prices, demand for gold finance & d...
30 May, 2016, 02.17 PM IST
Muthoot Finance again has a chance to be a bank : George Alexander MuthootThe NBFC had applied for a banking license in 2013, but it got postponed and now the opportunity is back.
30 May, 2016, 01.10 PM IST
See demand for gold loan in semi-urban, rural areas: George Alexander Muthoot, Muthoot FinanceThe market understands that these are difficult times and we are able to do reasonably well and post a profit after tax of Rs 211 crore thi...
31 Oct, 2013, 03.32 PM IST
Muthoot Finance seeks licence to start a bankGold loan company Muthoot Finance today said it has submitted an application to RBI for a licence to start a bank.
01 Jul, 2013, 07.53 PM IST
NPAs are not an issue for gold loan companies: George Alexander Muthoot, Muthoot Finance"Credit loss is an important aspect for a gold loan company."
14 May, 2013, 04.40 PM IST
- Gold loan growth has been robust, have no concerns: Muthoot Finance
"Today the total gold loan business by the NBFCs is of about Rs 50,000 crore, but the gold loan business by banks is more than Rs 1 lakh cr...
12 Sep, 2012, 05.27 PM IST
- RBI guidelines on gold loans will strengthen NBFC sector: George Alexander Muthoot, Muthoot Finance
We should welcome the measures taken by RBI because it will go a long way in ensuring that the players in the industry have a robust capita...
22 Mar, 2012, 05.30 PM IST
- Muthoot Finance plans Rs 500-cr bonds issue by month-end
Muthoot Finance today said the company hopes to hit the debt markets with the third bond issue this fiscal, for Rs 500 crore by the end of ...
19 Feb, 2012, 07.05 PM IST
- Muthoot Finance to raise Rs 600 cr via public bond sale
The company is borrowing funds through two, three, five-year bonds and five-and-a-half year zero-coupon bonds.
20 Dec, 2011, 01.01 AM IST
- Muthoot Finance to open 50 branches in West Bengal
Muthoot Group to open 50 branches in WB by Mar'12, the company managing director George Alexander Muthoot said.
20 Aug, 2011, 05.08 PM IST
- Expecting PAT level at 50-60%: Muthoot Finance
In an interview with ET Now, George Alexander Muthoot, MD, Muthoot Finance, expressed his views on company's performace. Excerpts:
27 Jul, 2011, 03.47 PM IST