Muthoot Finance Latest News

"Gold prices were declining on expectations of a duty cut but now prices would rise and premiums would shoot to $3 to $4 an ounce," said Rahul Gupta, director at P.P. Jewellers in New Delhi. Keyur Shah, head of precious metals at retailer.

Muthoot Finance’s method of raising money through gold bonds has been questioned by its competitors, including a few public sector banks. This has resulted in a probe by the Reserve Bank of India. According to a few banks, the bond.

Chennai, Nov 24 (PTI) Muthoot Finance, the flagship company of the Muthoot Group has launched a new loan scheme targeted at the small and medium enterprises. As per the scheme, Muthoot Finance would disburse gold loans above.

Muthoot Finance Registers 46% Increase in Net Profit; Shri Alexander George Muthoot’s Interview to Career Connect Magazine on Education Trends

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Dubai: Muthoot Finance Limited, an Indian non-bank finance company, yesterday announced that its initial public offer (IPO) will open for subscription on Monday. The IPO is for 51.5 million equity shares with a face value of Rs10 each and.

Welcome to Asia Asset Finance PLC. Asia Asset Finance PLC is a subsidiary of Muthoot Finance Ltd and a fully licensed, deposit-taking institution registered with the.

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Muthoot is. launch of company’s new Asha Gold loan scheme targeted at women customers. With the regulator issuing license for white label Automatic Telling Machine (ATM) centres, recently, Muthoot’s another entity Muthoot Finance.

above 15 per cent,” said MG George Muthoot of Muthoot Finance. The company’s current CAR stands at 14.79 per cent. Ahead of the IPO, Muthoot Finance has raised about Rs1.3 billion from 11 cornerstone investors. The company, which.

Welcome to Asia Asset Finance PLC. Asia Asset Finance PLC is a subsidiary of Muthoot Finance Ltd and a fully licensed, deposit-taking institution registered with the.

Avail special gold loan with the benefits of highest LTV with interest as low as 15% across India, no minimum days of interest & easy repayment across any Muthoot.

Over a decade in financial journalism, I have specialized in covering news that matters. Goa and plans to enter new regions like Odisha, Uttar Pradesh and Madhya Pradesh by the end of FY16. As it seeks to expand its reach, Muthoot.

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MUMBAI–Muthoot Finance Ltd., a company that gives loans against gold jewelry as collateral, will tap the local market to raise funds by issuing non-convertible debentures for the second time in less than six months as banks remain reluctant.

Thane: A four-men gang today tried to rob the office of Muthoot Finance in Naupada area of the city. The robbers entered the office, which is a short distance from Naupada police station, at around 3.30 pm and locked the employees in the.

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Muthoot Finance last month raised Rs 157 crore from Baring India and. The inclusion of global investors into our midst is a significant milestone and marks a new chapter in our journey. The support from such reputed investors is an.

With the launch of this non-convertible debenture (NCB) issue. finance company in order to focus on the microfinance business. Muthoot, apart from this, has also applied to the Reserve Bank of India for NBFC-MFI registration as well as.

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. management of Asia Asset Finance strongly believes that the relationship formed with Muthoot Finance will take the company to greater heights and help achieve new milestones. We are pleased with the strategies discussed with.

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ABOUT BELSTAR. Belstar Investment and Finance Private Limited (Belstar) is a Non-Banking Finance Company (NBFC) and a subsidiary of Muthoot Finance Limited.

Mumbai, October 4th, 2017: Muthoot Finance Ltd, India’s leading gold financing company alongwith The Bombay YMCA organised ‘Brainwaves 2017’ competition. The exclusive programme was conceived and conceptualised to bring out.

The report has detailed company profiles including their position in gold loan market value chain, financial performance.

Muthoot said that it is in a stronger position than before and stands a better chance of getting a licence this time once RBI finalizes its framework Mumbai: Leading gold loan provider, Muthoot Finance Ltd. been set for the new banks, which.

Latest News : Muthoot Finance Registers 46% Increase in Net Profit Read More; Shri Alexander George Muthoot’s Interview to Career Connect Magazine on Education.

BK Batta, manager, Muthoot Finance, Miller Gunj branch, where a theft took place in 2008, said: "The recovered gold is lying as a case property and the matter is pending with the court." Dalip Batish, a lawyer, said: "The owner can claim.

was the Chairman of the Muthoot Group and CEO of Muthoot Finance. According to Forbes India, George Muthoot’s net worth is US$1.1 billion and his source of wealth is financial services. Post his murder, Paul Muthoot was painted as a.

FAQs What is the Muthoot Fincorp Express Gold Loan scheme? It is a loan given against the security of Gold with a bullet repayment option. How is the loan amount.

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Latest News : Muthoot Finance Registers 46% Increase in Net Profit Read More; Shri Alexander George Muthoot’s Interview to Career Connect Magazine on Education.