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MUMBAI MUTHOOT FINCORP
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 joins hands with Oracle Cloud Infrastructure to support its business growthMuthoot FinCorp has migrated its on-premises ERP system to Oracle Cloud Infrastructure, enhancing performance and operational efficiency by...
- Muthoot Fincorp plans NCD issue to raise Rs 400 crore"The Tranche I Issue with a face value of ₹1,000 has been open to the public from Friday, September 1 till Thursday, September 14, 2023, su...
- Small borrowers raise their loan targets as gold prices shoot through the roofAs unsecured loans dried up post-lockdown and during the moratorium, borrowers have moved to gold loans; local gold prices have hit a recor...
- Muthoot Microfin looking at listing in MarchKerala-based MPG started its microfinance business in 2010.
- US fund Creation to invest Rs 350 cr in Muthoot MicrofinPromoters of the Kerala-based micro lender are selling a significant minority stake in the company, a subsidiary of Muthoot Fin-Corp, peopl...
- As gold regains sheen, Muthoot Fincorp eyes 25% jump in volumeThe measures to de-link from gold price fluctuations will ensure that the impact on bottomline will be lower than in the past, if gold pric...
- Muthoot Fincorp in talks with foreign PEs to raise Rs 500 croreThe fund raising in the micro finance business is expected to conclude in a couple of months and the funds will be used for business expans...
- Muthoot Fincorp to raise Rs 500 crore for its microfinance businessMuthoot Fincorp is in advanced talks with foreign private equity funds to raise between Rs 400 and Rs 500 crore for its microfinance busine...
- Muthoot Microfin to divest 15% stake for 150 croreMuthoot Pappachen Group firm Muthoot Microfin said it is looking to divest up to 15 per cent stake to an overseas private equity firm for a...
- Muthoot Microfin to sell 10% stake to PEs for Rs 100 croreThe company will also infuse Rs 100 crore of fresh capital into the company, Muthoot Microfin chief executive said.
- Muthoot Fincorp targets to recycle 80 kg gold by March-endThe company, which opened its first Gold Point in Mumbai today, has already recycled 45 kg gold at its three centres - Coimbatore, Chennai ...
- Muthoot Fincorp enters high-tech security business, launches special armMuthoot said the company is in discussions with a leading ATM security provider to offer ERT services to the around 2-lakh-odd ATMs deploye...
- Muthoot Fincorp plans gold recycling centres across countryMuthoot Pappachen Group, which is primarily into gold loans, has set up a separate arm to recycle the precious metal as its seeks to take e...
- Muthoot Fincorp to raise about Rs 1,800 crore this yearMuthoot Fincorp, the flagship company of Muthoot Pappachan Group, today said it is looking at raising close to Rs 1,800 crore through vario...
- Muthoot Group ddds collection centres to boost gold recyclingBranded ‘Muthoot Gold Points’, these centres buy old gold jewellery from customers, melt and refine it in Mumbai and sell it again in the m...
- 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 to divest 6% to raise Rs 500 crThe third largest gold loan player Muthoot Fincorp said it is looking at divesting up to 6% of its promoter holding to raise about Rs 500 c...
- 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 ...
- 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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