Last Updated: Monday, May 26, 2014, 17:27
Gold loan company Muthoot Finance Monday reported a 22 percent dip in its net profit at Rs 780 crore for the fiscal ended March 31, 2014.
Last Updated: Wednesday, April 30, 2014, 21:06
Gold financier Muthoot Finance, which has entered the white label ATM space, on Wednesday said it has sought Reserve Bank's permission to pre-load a part of a gold loan in dedicated cards.
Last Updated: Wednesday, February 19, 2014, 00:36
Currently, promoters of Muthoot Finance hold 80.12 per cent stake in the company.
Last Updated: Wednesday, January 15, 2014, 19:07
Rating agency Icra Wednesday revised its outlook on gold loan players Muthoot Finance and Manappuram Finance to 'stable' from 'negative', following the Reserve Bank's decision to increase the loan-to-value (LTV) ratios.
Last Updated: Thursday, January 09, 2014, 12:38
Shares of gold financing firms Muthoot Finance and Manappuram Finance Thursday surged up to 20 percent after the Reserve Bank allowed NBFCs to lend up to 75 percent of the value of metal from 60 percent at present.
Last Updated: Friday, December 27, 2013, 16:58
Muthoot Finance, which lends against gold, said its Rs 500 crore secured non-convertible debentures (NCDs) which opened on Friday for subscription will close on January 27 next year.
Last Updated: Thursday, November 07, 2013, 21:52
Leading stock exchange NSE has revised circuit limits for shares of 1,439 companies, including Kingfisher Airlines, Muthoot Finance, Wockhardt, Reliance MediaWorks, as part of its surveillance action.
Last Updated: Thursday, October 31, 2013, 18:02
Gold financing company Muthoot Finance has reported a 21.2 percent decline in net profit at Rs 211 crore for the second quarter ended September 30.
Last Updated: Tuesday, October 01, 2013, 23:15
Muthoot Finance Ltd, India's largest gold loan company today announced the launch of its maiden Employee Stock Options Plan (ESOP), which would benefit its over 24,000 employees.
Last Updated: Sunday, September 08, 2013, 10:46
"We have in-principle approval from the RBI. We have identified locations in two states and intends to operationalise 250 ATMs by December," Muthoot Finance Chief General Manager K R Bijimon said.
Last Updated: Thursday, July 25, 2013, 16:03
Muthoot Finance on Thursday said net profit fell 21.2 percent to Rs 193.88 crore in the first quarter ended June on the back of stagnating loan growth.
Last Updated: Sunday, July 14, 2013, 17:47
The largest pure-play gold mortgage player Muthoot Finance, which has applied for banking licence, has said it can easily launch commercial lending business with as many as 2,000 branches.
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