Muthoot Finance's Rs 700 crore NCD issue oversubscribed on Day 1Speaking about the successful NCD issue, George Alexander Muthoot, MD of Muthoot Finance, said, "We are pleased and grateful for the suppor...
25 Sep, 2023, 03.37 PM IST
Minimum 15% growth this year for Muthoot Finance: George Alexander Muthoot, MD"The first quarter of last year was very difficult. Shops were all closed, businesses were closed. But in Q2 and Q3, things started picking...
14 Jul, 2021, 09.44 AM IST
Muthoot MD shines a light on how gold loan business works, with Covid as a backdropWe do not give finance on gold bars, coins, bullions etc. We only give loans against household ornaments. Ornaments also have a 15% to 20% ...
19 Apr, 2021, 04.04 PM IST
Muthoot finance company MD injured in attack in KeralaThe Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his vehicle with stones here on Tuesday morn...
07 Jan, 2020, 12.46 PM IST
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.
13 May, 2019, 08.24 PM IST
Muthoot Finance plans to raise up to Rs 3,000 crore via NCDsThe issue will open on April 9 and close on May 8.
03 Apr, 2018, 06.07 PM IST
Muthoot Finance appoints three independent directorsGeorge Alexander Muthoot, MD, Muthoot Finance commented, We are very delighted to have eminent personalities from various backgrounds on ou...
25 Sep, 2017, 05.48 PM IST
Muthoot Finance again has a chance to be a bank : George Alexander MuthootThe NBFC had applied for a banking license in 2013, but it got postponed and now the opportunity is back.
30 May, 2016, 01.10 PM IST
Muthoot Capital net profit rises 15% for Q2Muthoot Capital Services Limited, part of the financial services major Muthoot Pappachan Group, has recorded 15% rise in the net profit at ...
13 Nov, 2015, 05.50 PM IST
L&T Finance, Muthoot evince interest for banking licence"We are examining that (for both payment and small finance bank) and will then take a decision whether to apply or not," L&T Finance's chai...
28 Nov, 2014, 04.24 PM IST
Strict RBI norms prompt gold loan companies to offer new productsThe strict regulatory norms announced by the RBI have prompted gold loan companies to diversify their product offering.
31 Dec, 2013, 04.00 AM IST
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.
01 Oct, 2013, 01.19 PM IST
Muthoot Finance seeks licence to start a bankGold loan company Muthoot Finance today said it has submitted an application to RBI for a licence to start a bank.
01 Jul, 2013, 07.53 PM IST
Budget 2012 is growth oriented, says George Alexander Muthoot, MD, Muthoot FinanceThe Union Budget 2012-13 presented by Finance Minister Pranab Mukherjee is growth oriented and the government will be able to meet its fisc...
17 Mar, 2012, 04.01 PM IST
- Gold loans face rising frauds
Frauds are proving to be a headache for gold loan companies which are grappling with the problem of borrowers pledging spurious, stolen met...
17 Feb, 2012, 05.57 AM IST
- Expecting PAT level at 50-60%: Muthoot Finance
In an interview with ET Now, George Alexander Muthoot, MD, Muthoot Finance, expressed his views on company's performace. Excerpts:
27 Jul, 2011, 03.47 PM IST
- After public issue, Muthoot Finance plans Rs 1,000-cr NCDs
Muthoot Finance plans to raise Rs 1,000 crore through retail non-convertible debentures , said i-banking officials. The gold loan firm had ...
06 Jul, 2011, 03.49 PM IST