George Alexander Muthoot
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Muthoot Finance Q1 Profit Dips 7 Per Cent to Rs 180 Crore
Muthoot Finance Ltd, the largest provider of loan against gold in India, on Monday reported a 7.21 per cent dip in profit after tax at Rs 180 crore for the first quarter that ended on June 30, 2014.
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Muthoot Managing Director Injured After Stones Thrown At Car In Kerala
The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his car with stones here on Tuesday morning following which one person was reportedly taken into custody.
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Muthoot Finance To Use Savings From Tax Cuts For Working Capital Needs
The company needs around Rs 5,000 crore annually for business growth, according to its managing director.
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Muthoot Finance Surges 9% on Sri Lankan Acquisition
Muthoot Finance believes that there is a lot of scope in gold loan business in Sri Lanka as economic activity in that country has improved and people are interested to borrow against gold.
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Muthoot Finance September Quarter Net Down 19 Per Cent
Gold loan finance major Muthoot Finance on Wednesday reported a 19 per cent drop in net profit at Rs 171 crore for the July-September quarter on account of lower asset growth.
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Muthoot Finance Q1 Profit Dips 7 Per Cent to Rs 180 Crore
Muthoot Finance Ltd, the largest provider of loan against gold in India, on Monday reported a 7.21 per cent dip in profit after tax at Rs 180 crore for the first quarter that ended on June 30, 2014.
-
Gold loan NBFCs welcome RBI's move to up loan-to-value
Non-banking finance companies (NBFCs) lending against gold on Thursday welcomed a recent move by the Reserve Bank of India to raise loan amount against pledged gold, saying this will facilitate financial inclusion, provide a level playing field in their favour and deliver more value to customer assets.
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Muthoot Finance Q2 net down 21.2 per cent at Rs 211 crore
Gold financing company Muthoot Finance has reported a 21.2 per cent decline in net profit at Rs 211 crore for the quarter ended September 30.
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Can turn 2,000 gold loan outlets into bank branches: Muthoot Finance
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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Muthoot Finance drops 8% after Q4 profit decline
Commenting on the recent correction in gold prices, Mr Alexander said, "For our customers correction in gold prices doesn't mean they will abandon their loan."
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Gold price crash will have minimal fallout: Muthoot Finance
With the company scrip getting battered following the slump in gold prices and amidst reports of RBI seeking loan value details, the largest gold loan player Muthoot Finance today sought to play down the impact of this on its business, saying it will have "minimal" fallout.
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Muthoot promoters may dilute 10% stake
Promoters of leading gold loan company Muthoot Finance may dilute their stake by up to 10% to raise funds in the next fiscal.
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Muthoot Finance plans Rs 500-cr bonds issue by month-end
eading gold loan company Muthoot Finance said the company hopes to hit the debt markets with the third bond issue this fiscal, for Rs 500 crore by the end of the month.
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Muthoot Finance to raise Rs 500-cr via public issue of NCDs
Muthoot Finance Limited said it 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.
-
Muthoot Finance Q1 Profit Dips 7 Per Cent to Rs 180 Crore
Muthoot Finance Ltd, the largest provider of loan against gold in India, on Monday reported a 7.21 per cent dip in profit after tax at Rs 180 crore for the first quarter that ended on June 30, 2014.
-
Muthoot Managing Director Injured After Stones Thrown At Car In Kerala
The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his car with stones here on Tuesday morning following which one person was reportedly taken into custody.
-
Muthoot Finance To Use Savings From Tax Cuts For Working Capital Needs
The company needs around Rs 5,000 crore annually for business growth, according to its managing director.
-
Muthoot Finance Surges 9% on Sri Lankan Acquisition
Muthoot Finance believes that there is a lot of scope in gold loan business in Sri Lanka as economic activity in that country has improved and people are interested to borrow against gold.
-
Muthoot Finance September Quarter Net Down 19 Per Cent
Gold loan finance major Muthoot Finance on Wednesday reported a 19 per cent drop in net profit at Rs 171 crore for the July-September quarter on account of lower asset growth.
-
Muthoot Finance Q1 Profit Dips 7 Per Cent to Rs 180 Crore
Muthoot Finance Ltd, the largest provider of loan against gold in India, on Monday reported a 7.21 per cent dip in profit after tax at Rs 180 crore for the first quarter that ended on June 30, 2014.
-
Gold loan NBFCs welcome RBI's move to up loan-to-value
Non-banking finance companies (NBFCs) lending against gold on Thursday welcomed a recent move by the Reserve Bank of India to raise loan amount against pledged gold, saying this will facilitate financial inclusion, provide a level playing field in their favour and deliver more value to customer assets.
-
Muthoot Finance Q2 net down 21.2 per cent at Rs 211 crore
Gold financing company Muthoot Finance has reported a 21.2 per cent decline in net profit at Rs 211 crore for the quarter ended September 30.
-
Can turn 2,000 gold loan outlets into bank branches: Muthoot Finance
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.
-
Muthoot Finance drops 8% after Q4 profit decline
Commenting on the recent correction in gold prices, Mr Alexander said, "For our customers correction in gold prices doesn't mean they will abandon their loan."
-
Gold price crash will have minimal fallout: Muthoot Finance
With the company scrip getting battered following the slump in gold prices and amidst reports of RBI seeking loan value details, the largest gold loan player Muthoot Finance today sought to play down the impact of this on its business, saying it will have "minimal" fallout.
-
Muthoot promoters may dilute 10% stake
Promoters of leading gold loan company Muthoot Finance may dilute their stake by up to 10% to raise funds in the next fiscal.
-
Muthoot Finance plans Rs 500-cr bonds issue by month-end
eading gold loan company Muthoot Finance said the company hopes to hit the debt markets with the third bond issue this fiscal, for Rs 500 crore by the end of the month.
-
Muthoot Finance to raise Rs 500-cr via public issue of NCDs
Muthoot Finance Limited said it 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.
