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MUTHOOT FINCORP LIMITED
Gold loan giant Muthoot FinCorp plans Rs 4,000 crore IPO. Check detailsMuthoot FinCorp has approved plans to raise up to Rs 4,000 crore via an IPO, aiming to fund expansion in the fast-growing gold loan market....- Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorpMuthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its curr...
- The Gold Standard: How a Bootstrapped Company Outlasted Every Funded Rival in India’s Goldtech BoomAugmont Enterprises has quietly established India's most comprehensive gold platform. Unlike well-funded rivals that faltered, Augmont focu...
- Muthoot FinCorp partners with Veefin Solutions to start supply chain finance operationsNon-banking finance company Muthoot FinCorp has partnered with Veefin Solutions Ltd to launch supply chain finance operations in India. Mut...
- Muthoot FinCorp NCD opens for subscription. Effective yield up to 9.75%Muthoot FinCorp plans to raise Rs 300 crore through XVI Tranche III series, which will close on January 25, a release said. The secured NCD...
- Muthoot FinCorp announces 16th series of NCDs, offering up to 9.43% yield per annumThrough the issue, the company plans to raise an amount aggregating up to Rs 400 crore, which is within the shelf limit of Rs 1,100 crore.
- Muthoot Pappachan Group to open 400 facility centres across India“The customer will get an Phygital (Physical plus Digital) experience from Muthoot Blue where, MFC’s priority is to be at the doorstep of t...
- Muthoot Pappachan acquires 54% stake in Hyderabad-based fintechMuthoot Pappachan Group (MPG) is now a majority investor in Paymatrix with full exit to various investors
- Muthoot Fincorp expects 15-17 per cent growth in assets under management for FY20We disbursed close to Rs 27,000 crore last fiscal with over 90 per cent towards gold loan," COO Muthoot Fincorp Limited, Vasudevan Ramaswam...
- Muthoot Fincorp’s NCD issue to offer up to 11.03%The issue has received a credit rating of “BWR A+” with stable outlook by Brickwork Rating.
- Muthoot Fincorp, NSDC to train 10,000 youth under Pradhan Mantri Kaushal Vikas YojanaMuthoot Fincorp Limited today announced its partnership with NSDC to train over 10,000 youth over the next three years and make them job re...
- Muthoot Fincorp announces its first public issue of NCDsMaking its entry into debt capital market Muthoot Fincorp Limited announced launch of its maiden public issue of Secured, Redeemable Non-Co...
- Non-deposit taking NBFCs rally as RBI relaxes rules"It has been decided that banks will be permitted to engage non-deposit taking NBFCs (NBFCs-ND) as BCs," the RBI said in a notification.
- Muthoot Fincorp joins WEF's Global Growth Companies CommunityGlobal Growth Companies (GGCs) community of World Economic Forum comprises 370 entities from 60 countries as its current members.
- When cash taps dry up, NBFCs turn to nonconvertible debenturesMuthoot Finance was the first to announce the issue of NCDs of face value of Rs 1,000 each for Rs 150 crore with a green-shoe option for an...
- Madras High Court issues notice to district administration, Muthoot FincorpThe petitioner contended that the firm had violated the provisions of the Tamil Nadu Pawn Brokers Act, 1943 by demanding exorbitant interes...
- Muthoot Fincorp unveils its first branch in West BengalMuthoot Fincorp unveiled its first branch in Kolkata on Tuesday and announced plans to open atleast five branches across the city soon.
- Muthoot Fincorp forays into housing finance segmentKerala-based Muthoot Fincorp, the flagship company of the Muthoot Pappachan Group, on Tuesday announced its foray into the housing finance ...
- Muthoot ties up with Accion of US to boost lending in micro-fin sectorUS-based Accion International helps people out of poverty through micro loans, business training and other financial services.
- StanChart, Citibank in race for stake in Kerala NBFCA mega deal could be brewing in the NBFC space with the Kerala-based Muthoot Fincorp, part of the Rs 3,000-crore Muthoot Pappachan Group, o...
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