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Muthoot Finance
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Muthoot Finance: A Leading Indian NBFC Muthoot Finance Ltd, headquartered in Kochi, Kerala, stands as India's largest gold loan Non-Banking Financial Company (NBFC). Established as part of the Muthoot Group, the company's extensive network encompasses over 5,000 branches nationwide, extending its re...
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- Company type Public
- Industry Financial services
- Founded 1939
- Headquarters Kochi, Kerala, India
- Key people George Jacob Muthoot,
- Revenue ₹12,237 crore (US$1.4 billion) (FY22)
- Net income ₹4,031 crore (US$460 million) (FY22)
- Number of employees 25,554 (2020)
- Parent The Muthoot Group
- Subsidiaries Muthoot Homefin (India) Limited, Muthoot Insurance Brokers Private Limited, Belstar Microfinance Limited, Asia Asset Finance plc
- Website www.muthootfinance.com
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Muthoot Finance history
Last Updated : 10/02/25, 03:45 AM
Muthoot Finance: A Legacy of Growth Muthoot Finance, initially established as a private limited company on March 14, 1997, under the Companies Act, marked a significant transition in 2008. Its conversion to a public limited company, rebranded as Muthoot Finance Limited, signaled a new phase of expan...
MUTHOOT FINANCE NEWS
Muthoot Finance signs MoU with UAE-based Lulu International Exchange for ease of money transfer
September 27, 2022 3:20 pm
Muthoot Finance through this partnership aims to drive convenience and ease of money transfer for over four lakh NRIs in the UAE region whose relatives have availed gold loans back home.
Muthoot Finance Q4 net profit rises 22.14% to Rs 995.66 crore
June 02, 2021 5:15 pm
Muthoot Finance reported a standalone profit of Rs 3,722.18 crore in 2020-21 (FY21), up 23.32 per cent from 3,018.30 crore in 2019-20 (FY20), the company informed in an exchange filing to the BSE.
Explained: How MG George Muthoot became the richest man in Kerala
March 11, 2021 8:28 am
MG George Muthoot is widely credited with making Muthoot Finance Ltd, the flagship of the group, the pan-India financial powerhouse it is today, with a market capitalisation of over Rs 51,000 crore and a total income of Rs 8,722 crore.
Muthoot Group chairman MG George Muthoot passes away
March 06, 2021 7:28 am
George Muthoot joined the family business — Muthoot group — at a young age and became its managing director in 1979.
Muthoot Finance MD George Alexander attacked in Kochi, suffers injuries
January 07, 2020 12:37 pm
Visuals of the attack, acquired by local television news channels, showed a man lunging at the car in which Muthoot Finance Managing Director George Alexander was travelling and throwing a stone.
Muthoot Finance buys IDBI’s MF business to enter AMC segment
November 23, 2019 2:06 am
The transaction is expected to be completed by end of February 2020, subject to receipt of necessary regulatory approvals.
Kerala: Amid strike called by union, Muthoot calls for closure of affected branches
September 04, 2019 7:20 am
Operations at 300 branches out of 611 in the state have been hit, the firm said. At the crux of the strike is Muthoot Finance’s refusal to acknowledge the Non-Banking and Private Finance Employees Association (NBPFEA), formed four years ago.
Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in Delhi, NCR
May 21, 2019 5:50 pm
Muthoot Finance will target customers in the age group of 24-58 years and working in private, state and central government jobs to avail personal loans for 1-5 years.
RBI scraps upper limit on gold loans by banks
July 23, 2014 2:49 am
There is no change in the tenor of the loans which should not exceed 12 months from the date of sanction.
NSE revises circuit limits
November 08, 2013 3:53 am
NSE has increased the circuit limit for some stocks,while it has been reduced for others.
