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  • Expect gold loan portfolio to reach 11-12% by end of FY18: Muthoot Finance

    In an interview to CNBC-TV18, George Alexander Muthoot, MD of the company discussed the company's Q3 performance.

  • Expect Q3FY18 to see loan growth of 4-5% YoY: Muthoot Finance

    We have seen a little uptick in the assets under management (AUM) growth, George Alexander Muthoot, MD of Muthoot Finance said.

  • Expect double-digit loan growth in FY18: Muhtoot Finance

    The Muhtoot Finance stock has been buzzing in trade and gold financiers are in focus on the back of merger and acquisition (M&A) buzz. Also rural market conditions have improved. In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance gave the ground check.

  • Expect non-gold biz to grow to 9-10% of book: Muthoot Finance

    Muthoot Finance posted a decent set of earnings in Q1. Asset quality showed a slight hiccup but remained under control. In an interview to CNBC-TV18, George Alexander Muthoot, MD of the company discussed the company's Q1 performance.

  • Will increase non-gold portfolio to 9-10% in FY18: Muthoot Finance

    In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance spoke about the latest happenings in his company and sector.

  • Muthoot Finance expects FY18 AUM growth at over 15%

    In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance spoke about the results and his outlook for the company.

  • Q3 to be flat; see 18% plus loan growth in Q4: Muthoot Finance

    Speaking to CNBC-TV18, George Alexander Muthoot, MD of the company said the demonetisation has started fading with 65-70 percent business coming back on track for the company, Muthoot said adding that Q3 growth is expected to be flat.

  • Collections up as cash crunch pain reducing: Muthoot Fin

    The pain of the demonetisation drive seems to be reducing, says George Alexander Muthoot, MD of Muthoot Finance. He expects no de-growth in this quarter and has a growth target of 18-20 percent as things get better.

  • Diminishing advances a matter of concern after cash ban: Muthoot

    Speaking to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance said that the company is encouraging customers to take up online systems like NEFT and RTGS for payments post demonetisation.

  • Demonetisation to impact NBFCs for next 3-4 months: Macquarie

    In an interview with CNBC-TV18, Suresh Ganapathy of Macquarie Capital Securities said that unsecured loans and consumer durables are likely to see higher non-performing assets (NPAs) in the NBFC sector.

  • Bharat Fin not eyeing a banking licence now: PH Ravikumar

    In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.

  • Home loan book to be Rs 500 cr in two years: Muthoot Finance

    The company had earlier guided for a 10-15 percent AUM (assets under management) growth in FY17. But Muthoot says that if the strong performance from the company continues, it may report better numbers.

  • Muthoot sees 'silver' lining in Kabali; sells Rajinikanth coins

    Keyur Shah, CEO-Precious Metals Business at Muthoot Pappachan, said the company has partnered with Kabali producers only to join the 'celebration' and Rajinikanth fans have already booked 100 kg silver coins.

  • Legacy A/cs minimal now; to maintain NIM at 11-12%: Muthoot

    Legacy stressed book has been mostly cleared off and whatever is left is manageable, says George Alexander Muthoot, MD of Muthoot Finance.

  • Look to expand biz in Kerala and Maharashtra: Muthoot Finance

    In an interview with CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance said that the company is looking to expand operations in other geographies.

  • See 10% AUM growth in FY16: Muthoot Finance

    George Alexander Muthoot, MD of Muthoot Finance says reduction in operating expenses and better interest collection aided growth in Q3.

  • Will continue to have 9% spreads: Muthoot Finance

    George Alexander Muthoot, MD, Muthoot Finance says the company continues to enjoy 9 percent spreads and adds that it has not lost any capital on non-performing loans (NPLs).

  • Confident of maintaining margins at 9.39%: Muthoot Finance

    Muthoot Finance is confident of maintaining margins at around 9.39 percent, says George Alexander Muthoot, MD of Muthoot. The company had reported around 9.6-9.7 percent net interest income (NII) in the year-ago period.

  • Need gold coins deposit for new scheme to succeed: Muthoot

    George Alexander Muthoot, MD, Muthoot Finance says the present scheme of the government is not about deposit of jewelry, it is about converting it to gold bars and not many people will be interested in it as the making charge stands at anywhere between 25 percent and 30 percent.

  • NII to remain constant on low borrowing cost: Muthoot Fin

    Going forward, George Alexander Muthoot, MDof Muthoot Finance expects the net interest income (NII) number to be consistent and profits to be driven by assets under management (AUM).

  • Expect 15% gold loan growth going ahead: Muthoot Finance

    Speaking about the easing, Muthoot Finance CEO said bullet payment does not tend to affect asset quality of a company.

  • Fall in AUM impacted profitability: Muthoot Finance

    The company's Q3 net profit stood at Rs 194.2 crore versus Rs 270 crore, on a year-on-year basis (Y-o-Y).

  • Loans may grow 8-9% post rise in lending limit: Manappuram

    Shares in leading loan-against-gold lenders such as Muthoot Finance and Manappuram Finance vaulted in early trade Thursday after the Reserve Bank of India (RBI) raised the loan-to-value (LTV) for non-banking financial companies (NBFCs) to 75 percent from 60 percent.

  • Muthoot Finance may enter white-label ATM biz

    Speaking to CNBC-TV18 on the path ahead, George Alexander Muthoot, managing director, Muthoot Finance, says the white-ATM business segment will help the company gain access to those who are not their customers via gold loans.

  • NIMs to be stale at 9.5%, asset quality to improve: Muthoot

    In an interview to CNBC-TV18, George Alexander Muthoot, Managing Director at Muthoot Finance speaks about better business prospects going forward. He expects net interest margins (NIMs) to be stale at 9.5 percent, while asset quality will see improvement.

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