George Alexander Muthoot

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  Muthoot Managing Director Injured After Stones Thrown At Car In Kerala

  The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his car with stones here on Tuesday morning following which one person was reportedly taken into custody.

• Muthoot Group Forays into Home Loan Segment

  It plans to commence operations in Kerala and will expand to other parts of the country successively, it said.

• Muthoot Q3 Profit Drops to Rs 154 Crore

  Muthoot Finance Ltd on Thursday reported a dip in its net profit to at Rs 154 crore for the third quarter that ended on December 31, 2014.

• Muthoot Finance Surges 9% on Sri Lankan Acquisition

  Muthoot Finance believes that there is a lot of scope in gold loan business in Sri Lanka as economic activity in that country has improved and people are interested to borrow against gold.

• Muthoot Finance September Quarter Net Down 19 Per Cent

  Gold loan finance major Muthoot Finance on Wednesday reported a 19 per cent drop in net profit at Rs 171 crore for the July-September quarter on account of lower asset growth.

• Muthoot Finance Q1 Profit Dips 7 Per Cent to Rs 180 Crore

  Muthoot Finance Ltd, the largest provider of loan against gold in India, on Monday reported a 7.21 per cent dip in profit after tax at Rs 180 crore for the first quarter that ended on June 30, 2014.

• Muthoot promoters may sell stake once RBI clears bank licence

  George M Alexander, senior vice president of Muthoot also said they expect some decision on the licence issue by the end of February from the RBI and accordingly the company will approach SEBI for necessary approvals.

• Gold loan NBFCs welcome RBI's move to up loan-to-value

  Non-banking finance companies (NBFCs) lending against gold on Thursday welcomed a recent move by the Reserve Bank of India to raise loan amount against pledged gold, saying this will facilitate financial inclusion, provide a level playing field in their favour and deliver more value to customer assets.

• Muthoot Finance Q2 net down 21.2 per cent at Rs 211 crore

  Gold financing company Muthoot Finance has reported a 21.2 per cent decline in net profit at Rs 211 crore for the quarter ended September 30.

• Can turn 2,000 gold loan outlets into bank branches: Muthoot Finance

  The largest pure-play gold mortgage player, Muthoot Finance, which has applied for banking licence, has said it can easily launch commercial lending business with as many as 2,000 branches.

• Muthoot Finance drops 8% after Q4 profit decline

  Commenting on the recent correction in gold prices, Mr Alexander said, "For our customers correction in gold prices doesn't mean they will abandon their loan."

• Gold price crash will have minimal fallout: Muthoot Finance

  With the company scrip getting battered following the slump in gold prices and amidst reports of RBI seeking loan value details, the largest gold loan player Muthoot Finance today sought to play down the impact of this on its business, saying it will have "minimal" fallout.

• Muthoot Finance registers Rs 270 crore profit in Q3

  Muthoot Finance Ltd, a Kerala-based gold finance company, today said it has registered Rs 270 crore as profit after tax during the third quarter ending December of fiscal year 2012-13.

• Muthoot promoters may dilute 10% stake

  Promoters of leading gold loan company Muthoot Finance may dilute their stake by up to 10% to raise funds in the next fiscal.

• Muthoot Finance's Rs 500-cr bond issue opens on Friday

  "We have got Sebi permission for Rs 250 crore NCD (non-convertible debenture) issue, which has a green-shoe option," Muthoot Finance Managing Director George Alexander Muthoot said.