With this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed ₹1,300 crore during the first nine months of the fiscal.
1 min read14 Jan 2019Muthoot Pappachan has also rolled out a national campaign comprising a series of films which talk about the ease of availing MSME loans and how it can change the fortune of customers
1 min read6 Jul 2018Muthoot Pappachan Group may look to invest $1-5 million in each deal, says chairman and managing director Thomas John Muthoot
2 min read10 Jan 2018Muthoot Capital Services raises Rs165 crore through a qualified institutional placement to shore up its tier I capital base through which it has diluted the promoters' stake by 12.43%
1 min read21 Nov 2017Kerala-based Muthoot Microfin, a subsidiary of the gold loan player Muthoot Fincorp, is planning an IPO in 2019
1 min read17 Oct 2017Initially, the group will infuse `200 crore in the new microfinance venture through promoter funding
1 min read8 May 2015Loans worth Rs1,500 crore extended by group's small loans unit to be gradually transferred to new entity, which will begin operations in a few months
2 min read1 May 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared