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Total 30 results found. Search for [ George Alexander Muthoot ]

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June 18, 2020
Share price of Muthoot Finance rose up to 9.5% to Rs 1095 against previous close of Rs 1000 on BSE. Muthoot Finance share has gained 12.58% in 3 days

June 10, 2020
Many Indians are using gold to secure loans, bankers and industry experts say, as banks are otherwise increasingly unwilling to lend during the coronavirus pandemic due to fear of the loan souring

Nevin John
May 27, 2020
Since gold price has increased by nearly 50 per cent in the last one year, gold loan companies are at an advantage as 'loan to value' - the ratio of money lent against the value of gold - has been reduced substantially

New Delhi, November 22, 2019
Upon completion of the transaction, Muthoot Finance will purchase 100 per cent equity shares of IDBI Asset Management Limited and IDBI MF Trustee Company

Nevin John
New Delhi, October 7, 2019
The benchmark Sensex that had surged over 3000 points in two days after the corporate tax cut announcement has pared most of its gains; it fell by 433 points on Friday after the announcement of the repo rate cut

July 7, 2019
The Indian government on Friday announced a fresh capital infusion of about $10 billion into debt-burdened state banks and credit guarantees to support shadow lenders in a bid to boost lending and revive the economy.

May 21, 2019

February 6, 2019

June 6, 2018

By P B Jayakumar & Nevin john
Delhi, December 12, 2016
Withdrawal of high denomination currency notes has the parallel financial system in a quandary, severely affecting lives in rural India.

George Alexander
February 12, 2016
NBFCs, especially gold loan NBFCs, are purveyors of credit to the sectors where credit gap exists. They facilitate the bottom of the pyramid by providing affordable, adequate and timely credit.

Nevin John and PB Jayakumar
December 3, 2015
The price of gold declined from a high of more than Rs 29,000 per 10 gm in January 2013 to Rs 25,550 per ten gm (as of December 2).

Kochi, January 22, 2015
The net profit for the corresponding period in the previous fiscal was Rs 194 crore.

Kochi, August 11, 2014
The company's total income for Q1, 2014-15 stood at Rs 1,092 crore, down 15 per cent from Rs 1,286 crore in the year-ago period.

New Delhi, July 25, 2013
The year-on-year decline in profits during the quarter was on account of stagnation in loan growth and lower yield on liquidated loan accounts, Managing Director George Alexander Muthoot said.

Kochi, July 1, 2013
Gold loan company Muthoot Finance has submitted an application to the Reserve Bank of India (RBI) for a license to offer full-fledged banking services.

Tanvi Varma/Money Today
April 29, 2013
Their strong run over the last few years made them look like set for exponential growth for a long time to come. For the last few months, gold loan companies have been struggling to come to terms with the harsh market reality.

Kochi, April 23, 2013
Association Of Gold Loan Companies says a 15-20 per cent price fluctuation in gold prices would not have any significant impact on the gold loan portfolios of member companies as they have already factored such fluctuations in the business model.

Mumbai, April 16, 2013
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 on Monday sought to play down the impact of this on its business, saying it will have \"minimal\" fallout.

K.R. Balasubramanyam
February 25, 2013
George Alexander Muthoot,  Managing Director, Muthoot Finance Ltd, says the budget should address the confusion created by the regulations brought in by the RBI last year.

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