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Muthoot Fincorp joins WEF's GGC Community

Last Updated: Tuesday, October 08, 2013, 17:56

Global Growth Companies (GGCs) community of World Economic Forum comprises 370 entities from 60 countries as its current members.

HC issues notice to Muthoot Fincorp

Last Updated: Wednesday, April 24, 2013, 19:34

The Madras High Court bench has issued a notice to the district Administration and Muthoot Fincorp Limited on a petition, alleging that the firm demanded usury from its customers to redeem jewels pledged with it.

Muthoot Fincorp aims doubling MFI biz to Rs 600 cr in FY14

Last Updated: Sunday, April 21, 2013, 17:58

The diversified group, which nets its maximum income from the gold loan business, started its MFI business in April, 2010. As part of diversification and to offer more focus to the MFI business, the company had bought city-based Pancharatna Securities in January, 2012.

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.