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.
Retail Loan Assets Under Management at Rs. 22088 crs as at December 31, 2014
Total Income for Q3 FY15 at Rs. 1069 crs
PAT for Q3 FY15 at Rs. 154 crs
Branch Network of 4256 spread across 26 States including Union Territories
Muthoot Finance Ltd, one of the pioneers and leaders in the gold loan industry has entered into an arrangement with YES BANK Ltd, fourth largest private sector bank in India, wherein it would act as the Business Correspondent (BC) of the Bank. Muthoot Finance Ltd is going to be the first NBFC to en... (more)
Muthoot ATMs, the White Label ATM wing of Muthoot Finance Ltd, today launched its website www.muthootatm.com. Muthoot Finance Ltd is one of the RBI authorized White label ATM operators in India which has been permitted to deploy 9000 ATMs in India.
“The regulator sounded cautiously optimistic in the current policy review, which indicate that the inflation expectations are within their acceptable levels and the focus may now move towards driving growth. India Inc has been patient equally with the regulator, but a relief on the cost of fu... (more)
Quote of Mr. George Alexander Muthoot MD, Muthoot Finance Ltd:
“It is good to see the RBI taking concrete steps towards serving the country’s underserved population. It is this resonance from the regulator that gives us more confidence to do our bit for furthering... (more)
The money transfers services will be available to NRIs in Austria, Italy and Germany
Offers transfer to any Bank Account maintained in India and Instant cash collection available at more than 4,500 Muthoot Finance branches in India
Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, announced the appointment of Ms Pamela Anna Mathew and Mr Alexander George Muthoot as Additional Directors of the company.
Ms Pamela Anna Mathew is a well- known business leader with ... (more)
Retail Loan Assets Under Management at Rs.21802 crs as at 30th September, 2014
Total Income for Q2 FY15 at Rs.1062 crs
PAT for Q2 FY15 at Rs.171 crs
Branch Network of 4265 spread across 26 States including Union Territories
Views of Mr. George Alexander Muthoot, MD, Muthoot Finance on RBI Monetary Policy:
"Though the inflationary pressures have subsided in the near term, from a medium term objective, the inflationary risks are still on the upside, so keeping the rates unchanged is a more cautious decision... (more)