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Total 17 results found. Search for [ Muthoot Fincorp ]

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August 22, 2019
Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices - he pawned his wife's gold jewelry.

September 22, 2015
Kerala-based Muthoot Pappachen Group has set itself a target of processing 80 kg jewellery by March next year and 200 kg by March 2017

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).

New Delhi, May 1, 2015
The funds mobilisation came in was Rs 9,743 crore for 2014-15, way below the Rs 42,383 crore mopped up in the preceding fiscal.

Mumbai, February 10, 2015
In comparison, firms had collectively raised Rs 33,460 crore via 24 issues in the April-February period of the previous fiscal.

Mail Today Bureau
New Delhi, February 3, 2015
Besides, Aditya Birla Nuvo Limited (ABNL)-which runs mobile operator Idea Cellular-and Kishore Biyani-promoted Future Group too applied for licences.

Mumbai, December 30, 2014
Most of the funds have been raised to support the working capital requirements and for other general corporate purposes.

New Delhi, November 7, 2014
Experts say fund raising via NCDs has been less compared to the year-ago period as companies have preferred QIP route and rights issue for garnering money.

Shamni Pande
January 4, 2014
The MFI industry's loan portfolio grew in 2012/13 after falling in the previous year. The resurgence began when the Reserve Bank of India announced in 2011 a series of measures, including a cap on interest rates MFIs charge borrowers, to govern the hitherto unregulated industry.

BT Online Bureau
July 1, 2013
LIC Housing Finance, Department of Posts, Aditya Birla Nuvo, Reliance Capital, L&T Finance Holding and Bajaj Finserv are among the 26 private and pubic sector entities which have applied to RBI for grant of bank licences.

K.R. Balasubramanyam
December 4, 2012
Gold imports declined to $20.2 billion as of September 30 from $29 billion during the first half of last year. Over the whole of last year, India imported $56.2 billion worth of gold.

Dipak Mondal/Money Today
May 22, 2012
As gold loans are secured, NBFCs relax the due diligence process. Banks, which have to follow strict Reserve Bank of India, or RBI, norms on bad loans and minimum capital, do not have such liberal rules on giving loans, either secured or unsecured.

New Delhi, March 29, 2012
The RBI has directed Muthoot Fincorp to stop allowing the use of its premises or branches or officials, in any manner by Muthoot Estate Investments for accepting deposits from public.

K.R. Balasubramanyam
February 25, 2012
The Reserve Bank of India (RBI) has warned Manappuram Finance over acceptance of deposits. Although this will not have any direct impact on the the gold-loan sector. But sentiment-wise, the development will have an impact and raise doubts about corporate governance in gold loan companies.

Mumbai, January 11, 2012
The third largest gold loan player Muthoot Fincorp is looking at divesting up to 6 per cent of its promoter holding to raise about Rs 500 crore.

K.R. Balasubramanyam
December 12, 2011
Muthoot Finance is today the largest lender against gold jewellery in the country. Its rise is due to two factors: its rapidly growing portfolio of gold loans and its low rate of borrower default.

Rajiv Bhuva and Manu Kaushik
July 6, 2010
It may not have the glamour of mobile phones or airlines but no-frills housing is beginning to get off the blocks and promises to be a big, big business.