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Muthoot Finance News

12 Apr 2023

Amid Massive Global Layoffs, Indian MSMEs Key Employment Generator In Country

India's MSMEs are the second largest after China's. This industry produces more than 6,000 products. There have been more than half a million job cuts around the globe since October 2022.

Muthoot Finance

12 Feb 2022

Muthoot Finance net profit up 4% at Rs 1,044 crore in Dec qtr

Interest income during the quarter was up by 5 per cent from a year ago at Rs 3,086.70 crore. Total income during October-December 2021-22 rose by 5 per cent to Rs 3,168.10 crore.

Muthoot Finance

06 May 2021

Muthoot Finance now lends to salaried individuals on NIRA app

The partnership will allow the firm to offer salaried customers personal loans worth up to Rs 1 lakh. NIRA offers loans to borrowers with monthly income as low as Rs 12,000 per month. You can apply for a personal loan on the app.

07 Mar 2021

Muthoot Finance chief MG George dies aged 71, falls to death from 4th floor

The chairman of the Muthoot Finance company MG George Muthoot passed away after reportedly falling from the fourth floor of his house. The police said they received information about MG George Muthoot being admitted to a hospital on Friday, he was later declared dead.

05 Jul 2017

Anti-terror search operation end at Hyderabad apartment

Over 300 policemen including commandos of Organisation for Counter-terror Operations (Octopus) participated in the night-long operation at My Homes Housing Palace at Rajendernagar.

23 Mar 2017

NSE allows 15 companies including Reliance Defence in F&O segment

Top stock exchange NSE has decided to admit 15 companies including Reliance Defence and Engineering, InterGlobe Aviation, Suzlon Energy, Muthoot Finance and Piramal Enterprises, on its futures and options segment, from March 31.

Muthoot Finance

31 Dec 2016

Muthoot Finance raises stake in subsidiary Belstar to 64.6%

Muthoot Finance has raised its stake further in subsidiary firm Belstar Investment and Finance Pvt Ltd (BIFPL) to 64.60 per cent.

28 Dec 2016

Posing as CBI officials, four persons loot 46 kg gold from Muthoot Finance in Hyderabad

Posing as CBI officials, four unidentified persons looted 45 kg gold from Muthoot Finance in Hyderabad on Wednesday, the city police said.

Muthoot Finance

07 Apr 2016

Now get home insurance scheme at starting premium of just Rs 500

Muthoot Finance joined hands with Liberty Videocon General Insurance to provide a comprehensive home insurance policy with premium starting as low as Rs. 500.

Muthoot Finance

22 Jul 2015

Muthoot Finance Q1 profit flat at Rs 183 crore

Gold financing company Muthoot Finance Wednesday reported a marginal growth in net profit at Rs 183 crore for the first quarter ended June 30.

Muthoot Finance

05 May 2015

Muthoot Finance FY15 net profit falls 14% to Rs 671 crore

Muthoot Finance, the country's largest gold financing company, today reported 14 percent decline in net profit for 2014-15 fiscal at Rs 671 crore.

Muthoot Fincorp

03 Feb 2015

Muthoot Fincorp launches BC operations with Yes Bank

Muthoot Fincorp, the flagship company of Muthoot Pappachan Group, on Tuesday launched its Business Correspondent operations in the country with Yes Bank.

Muthoot Finance

19 Jan 2015

Muthoot Finance gets service tax notice for Rs 153 cr

Gold loan firm Muthoot Finance Monday said it has received a service tax notice demanding Rs 153.14 crore in taxes in addition to interest and penalty.

Muthoot Finance

19 Jan 2015

Muthoot Finance to act as business correspondent for Yes Bank

Non-banking finance company Muthoot Finance Monday said it has entered into an agreement with Yes Bank to act as its business correspondent.

05 Dec 2014

RBI allows WLA operators to accept international cards

Apart from this, the RBI also allowed the WLA operators to tie-up with any commercial bank for cash supply at ATMs.

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