George Muthoot

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  Muthoot Finance Shares Fall After Chairman's Death

  George Muthoot took charge as chairman in 1993, overseeing its expansion into more than 4,500 branches across the country and growing its market capital nearly eight folds in the past decade.

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  Muthoot Finance Shares Drop After Chairman Reportedly Fell To Death In Delhi

  Shares of Indian non-banking financial firm Muthoot Finance Ltd fell the most in nearly two months on Monday, after group chairman M.G. George Muthoot died over the weekend, with media reports saying he fell from his fourth floor house in New Delhi.

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  Muthoot Group Chairman MG George Muthoot Dies At 72

  Muthoot Group Chairman MG George Muthoot died in New Delhi on Friday evening. He was 72.

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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.

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  9 Get Life Imprisonment for Businessman Paul Muthoot's Murder

  A special CBI court here on Tuesday sentenced nine of the 13 people convicted for the 2009 murder of Paul Muthoot George to life imprisonment and the remaining four to three-year jail terms.

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  Muthoot Fincorp Plans Gold Recycling Centres Across Country

  The group has launched Muthoot Gold Point to recycle gold jewellery into bars at a nominal cost. It has already been running a pilot centre in Coimbatore for the past three months and just started another one in Chennai, Muthoot Fincorp director Thomas George Muthoot told PTI.

• 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.

• Desist From Steps Like Farm Debt Waiver: Bankers to Government

  Bankers on Thursday asked the government to desist from resorting to populist measures like farm debt waivers as it affects lenders profitability.

• 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 Finance FY14 Net Profit Drops 22%

  Commenting on the results, company chairman M G George Muthoot said it was a turbulent year for the company due to adverse regulatory environment, fluctuation in gold prices and economic slowdown.

• 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.