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Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...- Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
- Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Bankers welcome RBI’s calibrated stance, regulatory stepsBankers have praised the Reserve Bank's decision to maintain current interest rates. This move, alongside specific industry adjustments, is...
- Muthoot Finance Q2 profit surges 88% as gold loan demand hits new highsMuthoot Finance posted an 88% jump in Q2 profit to Rs 2,345 crore, driven by strong gold loan demand, a 42% loan book expansion, improved a...
- Muthoot Finance Q2 results: Profit surges 88% YoYMuthoot Finance saw an 88% profit surge in the second quarter. Strong loan demand and rising gold prices fueled this record performance. Th...
- ED questions Muthoot Group MD in investors 'fraud' caseThe Enforcement Directorate (ED) in Kochi questioned George Alexander Muthoot, MD of Muthoot Group, in a money-laundering case. The ED's ac...
- Muthoot Finance Q1 Results: Standalone profit surges 90% to Rs 2,046 crore on strong loan growthMuthoot Finance witnessed a significant profit increase in the first quarter. The gold loan financier's profit surged by 90%. This growth w...
- Muthoot Finance shares zoom 7% after Q2 profit jump 21% YoY; Morgan Stanley lifts target price to Rs 1,600Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This growth was driven by a 37% rise in...
- Gold loan NBFCs seek 'priority' sector status"Many farmers, small business owners/shopkeepers also resort to gold loans to meet their working capital needs," said George Alexander Muth...
- Muthoot Finance skids 5% on flattish rise in Q3 profit, broader market selloffIndia's largest gold financing company, by loan portfolio, said rural India accounts for about 65 per cent of total gold stock in the count...
- Muthoot Finance Q3 results: Net profit up 4% at Rs 1,044 crMuthoot Finance on Saturday reported a rise of 4 per cent in its consolidated net profit at Rs 1,043.60 crore in the quarter ended December...
- Muthoot Finance Q4 profit rises 11% for FY19Total income grew by 9% to Rs 6881 crore and the gold loan outstanding touched Rs 33585 crore showing a 16% rise.
- Muthoot Finance starts money transfer service between India and NepalWith this facility, Muthoot Finance claims to be the first NBFC company to extend money transfer services from India to another country.
- Muthoot Group rebrands travel division to TravelJangoMuthoot Group has re-branded its travel division to Muthoot Travelsmart to Travel Jango. Like other tour operators, TravelJango provides se...
- Muthoot Finance launches scheme for Kerala customers for OnamThe road show will cover branches of Muthoot Finance in Thiruvananthapuram, Kollam, Pathanamitta, Alappuzha, Idukki and Ernakulam district.
- Federal Bank ties up with Muthoot Global Money Transfer for facilitating remittances from the UKFederal Bank has tied up with Muthoot Global Money Transfer in a rupee drawing arrangement for facilitating remittances in rupee from the U...
- Muthoot Finance aims to double money transfer payouts by next year: OfficialMoney transfer player Muthoot Finance Ltd, which accounted for two million payouts to customers last year, aims to double it by next year.
- Muthoot Finance launches Western Union money transfer serviceMuthoot Finance has tied up with the Western Union and Paul Merchant Ltd for providing money transfer services.
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