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Press background on Muthoot Group
Company profile
The Muthoot Group has established itself in the business environment of the country, with the sole objective of growing effectively. Since 1887 we have been fostering profound values with the outlook of empowering people with a sense of accomplishment and fulfillment. The Muthoot Group has always endeavored to deliver top-notch quality. The process of setting benchmarks is what has driven us towards growth ever since we were a single service company. Even today, raising the bar is a constant practice of our team, which comprises more than 30,000 Members.
 Recent press releases
Mumbai City FC wins ‘The Muthoot Group Fair Play Award’ at Hero Indian Super League 2015

Mumbai City FC was awarded ‘The Muthoot Group Fair Play Award’ at the Closing Ceremony of season - 2 of the Hero Indian Super League 2015. The team topped The Muthoot Group Fair Play standings with 78 points ahead of FC Goa at 77 points and North east United FC at 75 points.
&nb... (more)
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Muthoot Finance to raise Rs 500 crore through Public Issue of NCD

Muthoot Finance Ltd, the largest gold financing company in India, has opened a public issue of Non-Convertible Debentures - Secured & Unsecured (NCDs).
 
Through this NCD issue the company plans to raise an amount up to Rs. 250 crore, with a right to retain oversubscription... (more)
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Muthoot Finance Launches Money Transfer Service to Nepal

Muthoot Finance Ltd, the flagship company of Muthoot Group launched money remittance services between Indo Nepal Corridor. For this initiative Muthoot Finance has collaborated with the Nepal based Prabhu Bank Ltd’s Indian arm Prabhu Money Transfer Pvt Ltd.
 
With thi... (more)
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Muthoot Finance Adds Features to ‘Muthoot WebPay’

Muthoot Finance Ltd, India's largest gold loan company has introduced yet another customer-friendly feature for its gold loans. The ‘Muthoot WebPay’, initiative which was launched early this year has added host of other services to it.
 
In addition to payment ... (more)
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Muthoot Finance Ltd Q2 FY 2016 Results

Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered increased net profit , at Rs.174crs for the quarter ended September,2015 as against Rs.171crs in the previous year quarter . Retail loans registered an increase of Rs.464crs at 2% during the quar... (more)
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Muthoot Finance to Raise Rs 250 Crore through NCD

Muthoot Finance Ltd, the largest gold financing company in India, has proposed public issue of 25,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1000/- each.
Through this NCD issue the company plans to raise an amount up to Rs. 250 crore, with an Green ... (more)
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Muthoot Finance Starts Mobile Surveillance Squads

Muthoot Finance in the wake to tighten the security in their branches during night time has set up Mobile Surveillance Squads which will be visiting the branches under clusters.
 
As the gold loan Non Banking Finance Companies are holding customers gold in their branches, ther... (more)
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Muthoot Finance Launches ‘Missed Call Service to know the Gold Loan Status’

Muthoot Finance Ltd, the largest gold financing company in India, as part of providing excellent customer service have introduced ‘Missed Call facility to know the Gold Loan Status’ as a new feature in their Gold Loan products.
The customers can now just give a missed call to th... (more)
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Views of Mr. George Alexander Muthoot, MD, Muthoot Finance on RBI's Monetary Policy

Views of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd:
“RBI has decided to take a pause and maintain the status – quo. With the overall economy showing early signs of recovery and consumption demand picking up, we expect the rates to come down by second h... (more)
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Muthoot Finance Ltd Q1 FY 2016 Results

- Total Income for Q1 FY16 at Rs.1143 crs
- PAT for Q1FY16 at Rs.183 crs
- Branch Network of 4242 spread across 26 States including Union Territories
 
Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered an inc... (more)
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