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MG GEORGE MUTHOOT
Muthoot Finance Q1 results: Net profit jumps 59% to Rs 841 crIts loan outstanding however grew 15% year-on-year to Rs 41,296 crore compared with Rs 35,816 crore a year back.
Stocks in the news: Axis Bank, HUL, Bajaj Finance, ACC, Vodafone Idea and SBI CardDCM Shriram, IndiaMART InterMESH and Syngene International are slated to announce their June quarter earnings on Tuesday.
Muthoot Finance jumps over 3% post Q2 resultsTotal income of the Kerala-based gold loan provider climbed to Rs 1,670 crore during the quarter.
Top 10 richest people from KeralaKerala is not just God's own country, where tourism and tradition define its global appeal. Wealth and entrepreneurship also distinguish Ma...
Sun Pharma’s Sudhir Valia joins payments bank race; to pick up 51% in Pay Point India NetworkValia confirmed he is investing in Pay Point but said the terms were subject to it getting the licence. He didn’t disclose how much he woul...
Sun Pharma's Dilip Shanghvi, Future Group's Kishore Biyani among payment bank license applicantsRBI has received as many as 72 applications for ‘small finance banks’ and 42 applications for ‘payments banks’ — entities that are aimed at...
Need for a new model of financial inclusionEven after 20 yrs of banking sector privatisation, today only 35% of Indians have formal bank accounts compared to an average of 41% in dev...
Muthoot enters White-Label ATM space, to invest Rs 300 crMuthoot Finance entered into the White-Label ATM space by setting up its first such unit, and plans to invest Rs 300 crore in the next thre...
Muthoot Finance introduces maiden employee stock options planMuthoot Finance launched its maiden employee stock options plan, approved as a special resolution in the company AGM held on Sept 27.
- Muthoot Finance profit up 13 % to touch Rs 1,004 crore
Muthoot Finance Ltd's net profit rose 13 % to touch Rs 1,004 crore for the year ended March 31, 2013, prompting its board to recommended a ...
Muthoot Finance to foray into home loan, ATM business“Although these are new business areas, they fit well into our business model,” said MG George Muthoot, chairman of the non-banking finance...
- RBI's cap on on loan-to-value for gold loan curbs NBFC growth
The gold loan assets of major financiers like Muthoot Finance and Manappuram Finance have dropped. The companies are going slow on expansio...
- Muthoot Finance Q1 FY13 profit climbs 29.2% to Rs 246 cr
Muthoot Finance, the nation’s largest Gold Loan Company has in the first quarter of the Financial Year 2012-13 registered net profit growth...
- MG George Muthoot: The man responsible for the success of Muthoot Finance
Muthoot Finance has emerged as India's biggest gold finance company with revenues of over 1,000 cr and over 20,000 crore of gold loans unde...
- Muthoot Finance FY'11 net jumps 2-fold to Rs 494 crore
Gold finance company Muthoot Finance today said its profit has more than doubled to Rs 494 crore for the financial year ended March 2011, a...
Can Muthoot Group flourish its' gold business well in the north?India's largest gold financier Muthoot Group has had spectacular success in the south. Can it repeat its golden run outside its home turf?