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- Muthoot Finance Limited Q3 net up 62% at Rs 251 cr
Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered a
growth of 61% in its net profit to Rs.251 crores for the quarter ended December 31 ,2011 as compared to
Rs. 155 crore of the previous fiscal. Figures for nine months ended December 31 ,2011 stood at Rs.657crores
as against Rs.355crs of the previous fiscal. more...
- Muthoot Finance Limited has filed a Draft Prospectus dated December 7, 2011 with BSE Limited
in terms of Regulation 7 of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 for dissemination on their website(s) in connection with a public issue of Secured Non-Convertible Debentures. more...
- Muthoot Finance Ltd - Q1 FY 2012 Results
Retail Loan Assets Under Management increased by Rs.2080crs to Rs.17949crs
Total Income grew by 140% to Rs.920crs
PAT for the First Quarter FY 12 was at Rs.190crs as against Rs.85crs last year , a YoY increase of 125%
Branch Network of 2997spread across 21 States and 4 Union Territories
.more...
- Removal of priority lending status impacts banks more than NBFCs
Lured by high margins and scorching growth , investors have been flocking around gold financing stocks over the last two years However, this sector has been had a few challenges cropping up recent times, including tighter regulation, of late by the Reserve Bank of India, greater competition from banks and rising cost of funds .more...
- Muthoot Fin unveils loan for gold ETFs
Muthoot Finance on Friday launched loan against gold exchange-traded funds (ETFs). The product will offer hassle free loans to customers who have invested in gold ETFs. .more...
- Muthoot Finance to offer loans against gold ETF units
Muthoot Finance Ltd , which claims to be the largest gold finance NBFC in India, today said it will now offer loans against Gold ETF (Exchange Traded Funds) units as security. more...
- Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered a growth of 117 % in its net profit to Rs. 494 crore for the financial year ended March 31, 2011, as compared to Rs. 227 crore of the previous fiscal. more...
- Muthoot Finance will now offer Western Union Money Transfer services from its countrywide network of 2800 locations linking them to Western Union’s network of more than 400,000 locations in over 200 countries and territories across the world more...
- Mr. George Joseph, former Chairman and Managing Director of Syndicate Bank has been appointed as an Independent Director of the Company w.e.f July 21, 2010.
- Mr. John K Paul, Managing Director of Popular Vehicles and Services Limited has been appointed as an Independent Director of the Company w.e.f July 21, 2010.
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Muthoot News
- Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered a
growth of 61% in its net profit to Rs.251 crores for the quarter ended December 31 ,2011 as compared to
Rs. 155 crore of the previous fiscal. Figures for nine months ended December 31 ,2011 stood at Rs.657crores
as against Rs.355crs of the previous fiscal.. more...
- MUMBAI: Muthoot Finance Limited today has filed a Draft Prospectus with BSE Limited for a public issue of Secured Non-Convertible Debentures of face value of Rs. 1,000 each, (“NCDs”), aggregating upto Rs. 3,000 million more...
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