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PADMAKUMAR EXECUTIVE DIRECTOR
‘Thank you, ISRO’: Gaganyatri Shubhanshu Shukla hails India’s space agency for safe journey to ISSIndian Gaganyatri Shubhanshu Shukla, currently on the ISS as part of Axiom-4, acknowledged ISRO's support for his safe journey. During a ca...
Paris Olympics 2024: Also an event to engage, reward employeesSeveral companies are leveraging the Paris Olympics to boost employee engagement and morale. Saint-Gobain is sending 42 top-performing Indi...
NARCL board recommends P Santhosh as MD & CEOThe board of NARCL recommends P Santhosh as the MD and CEO, succeeding N Sundar. Santhosh, a former Canara Bank CGM, has been the interim C...
Government guarantee for proposed bad bank may be capped at Rs 31,000 croreThe government guarantee will cover all security receipts (SRs) issued by the new bad bank while acquiring non-performing assets (NPAs), sa...
PM Narendra Modi's Kozhikode speech: Kerala BJP says DD Malayalam failed to ensure live telecastThe PM had on September 24, while addressing BJP's national council meet, first spoken out against the Uri attack and said Indians will nev...
Muthoot Group forays into home loan segmentThe group said it will offer a discount of 50 per cent on processing fee to the applications received for the first month period up to May ...
Budget 2015: IIM Kozhikode's panel discussion stresses on importance of reformsThe discussion primarily focussed on the key economic measures like impetus to agriculture, the need for streamlining of subsidies and soci...
Muthoot Holiday signs MoU with BurlingtonEnglish for marketing online teaching engineAiming to enter the Indian retail market, Netherlands-headquartered BurlingtonEnglish and Muthoot Holiday, an arm of the Muthoot group, hav...
Gold loan NBFCs plan public offer of nonconvertible denturesAbout 50-80 per cent of the resources that NBFCs need are met through the private placement of secured nonconvertible dentures.
- Muthoot Finance may up public shareholding to 25 pc this quarter
Muthoot Finance today said it may dilute promoter stake by the end of this fiscal to comply with Sebi's minimum public shareholding norms o...
RBI draft report recommendation to enhance loan to value ratio from 60% to 75% will enable us to improve our business: Gold loan companiesThe step was to ensure a level-playing field withthe banks which were lending at 60% LTV ratio as against 80% or 85% at higher interest rat...
- Muthoot Finance Apr-Sep profit up 27 pc to Rs 514 cr
The company had a net profit of Rs 406 crore in the same period last fiscal, its Chairman M G George Muthoot said.
- Leading gold loan NBFCs, including Muthoot Finance and Manappuram, slash interest rates to retain customers
Major gold-loan NBFCs such as Muthoot Finance and Manappuram have cut interest rates to retain customers in the wake of an RBI stipulation.
- NBFCs in gold loan business brace for slowdown
NBFCs that lend against gold are feeling the pinch of RBI strictures which cap the loan at 60% of the pledged jewellery's value.
- Muthoot FY12 net up 80 pc at Rs 892 cr
Leading gold loan company Muthoot Finance today posted an over 80 per cent jump in net profit at Rs 892 crore for the financial year 2011-1...
- Muthoot Finance Q3 net up 61% at Rs 251 crore
Muthoot Finance today registered growth of 61 per cent in net profit at Rs 251 crore for the third quarter ending December, 2011.
- Muthoot Finance to institute ESOP
Muthoot Finance Ltd today said it has drawn up plans to institute an Employee Stock Option Plan for its employees by next financial year.
- Is the gold market getting overheated?
K P Padmakumar, ED, Muthoot Finance, does not think so. However, he is of the view that investors shouldn't put all their eggs in one baske...
- Muthoot Finance sells 4%, raises Rs 157 cr
Gold loan company, Muthoot Finance, has raised Rs 157 crore by issuing shares to the extent of 4% of the firm’s capital to private equity f...
- Muthoot enters commodity futures trading sector
The Muthoot Group after establishing its presence in the equity trading business has entered the commodities sector by floating a new compa...