Public issue by Muthoot Finance of secured, redeemable, non-convertible debentures and unsecured redeemable non-convertible debentures of face value of Rs 1,000 each, aggregating upto Rs 1,500 million with an option to retain over-subscription upto Rs 1,500 million for issuance of additional NCDs aggregating to a total of upto Rs 3,000 million.
ICRA has come out with its report on 'RBI measures to impact growth and profitability of gold loan companies'. The rating agency has outstanding on three single-line Gold loan companies - Muthoot Finance, Manappuram Finance, & Muthoot Fincorp.
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