Muthoot Finance ties up to offer National Pension Scheme

Last Updated: Thursday, November 15, 2012, 15:57

Muthoot Finance is the only Non-Banking Financial company in the state to be approved by the PFRDA to act as a service provider for the pension plan, a company release said here.

Muthoot Finance ties up to offer National Pension Scheme

Last Updated: Thursday, November 15, 2012, 15:57

Muthoot Finance is the only Non-Banking Financial company in the state to be approved by the PFRDA to act as a service provider for the pension plan, a company release said here.

Muthoot Finance aims at Rs 7k crore worth biz transactions

Last Updated: Tuesday, October 30, 2012, 19:30

The company made transactions valued at about Rs 3,500 crore in 2011-12, Muthoot Group Executive Director George M George said.

Muthoot Finance gets board nod for dilution of equity shares

Last Updated: Monday, October 29, 2012, 18:34

Muthoot Finance Monday said that the company's borad has approved issuance of further equity shares to achieve the requirement of minimum public shareholding of 25 percent.

Muthoot Finance Apr-Sep profit up 27% to Rs 514 cr

Last Updated: Monday, October 29, 2012, 18:02

The company had a net profit of Rs 406 crore in the same period last fiscal, its Chairman M G George Muthoot said.

Muthoot Finance bags two Asian Leadership Awards

Last Updated: Thursday, October 4, 2012, 21:34

Muthoot Finance Ltd, India's largest gold loan company has been honoured with two prestigious Asian Leadership Awards.

Muthoot Finance to raise Rs 500cr debt, goes slow on lending

Last Updated: Tuesday, September 11, 2012, 21:25

The country's largest gold loan player Muthoot Finance, which is aiming to raise up to Rs 500 crore debt, on Tuesday said it has gone slow on asset acquisition this year as a result of regulatory concerns over the lending-against-gold model.

Muthoot Finance aims to double money transfer payouts

Last Updated: Tuesday, August 14, 2012, 16:12

Money transfer player Muthoot Finance Ltd, which accounted for two million payouts to customers last year, aims to double it by next year, a top company official said on Tuesday.

Muthoot Finance Q1 net profit jumps 29% at Rs 246 cr

Last Updated: Monday, July 30, 2012, 18:25

Muthoot Finance Monday reported 29 percent growth in net profit at Rs 246 crore during the first quarter ended June 30.

Gold loan firms setting up SRO as RBI tightens screws

Last Updated: Sunday, June 17, 2012, 12:39

Under the lens of the Reserve Bank, leading gold finance companies have decided to form a self-regulatory organisation (SRO) which will frame a fair business practices code for the industry.

Muthoot Estate Investments cannot accept public deposits: RBI

Last Updated: Thursday, March 29, 2012, 23:59

The Reserve Bank Thursday directed Muthoot Fincorp Ltd arm -- Muthoot Estate Investments – not to accept any deposits from public in any manner.

Gold loan cos welcome RBI move; analysts say will trim margins

Last Updated: Thursday, March 22, 2012, 21:59

Gold financing companies Thursday welcomed the latest measures by the Reserve Bank, saying they will strengthen the industry, but analysts pointed out that the clampdown will erode the margins of these companies and curtail growth.