The recent fall in gold prices has not led to any contraction in gold loan demand for Kerala-based Muthoot Finance, which is also planning to mop up Rs 400 crore through bond issues in August. So far, the company has not seen any deterioration in the credit quality, according to Oommen K Mammen, the CFO, Muthoot Finance.

Q1 result suffers on low interest, loan write-offs: Muthoot

In an interview to CNBC-TV18, Muthoot says that the company has been working on reducing it yields that led to a low income figure.

Eyeing 9000 White Label ATMs in 3 years: Muthoot Finance

George Alexander of Muthoot Finance told CNBC-TV18 that they had not applied for a banking license yet. He added, that the company will install 9000 White Label ATMs over the next three years.

Have not seen much increase in loan loss: Muthoot Finance

Following the sharp correction in gold prices, Muthoot Finance, the gold financer is seeing more borrowers abandoning gold jewelleries; however this has not caused much increase in loan loss, Managing Director George Alexander said.

Expect loan book to improve going ahead; net up: Muthoot

George Alexander Muthoot, MD, Muthoot Finance, says that the company saw a marginal increase in the net profit. He is also of the view that the loan book of the company will improve going forward.

Rao report to remove negative perception of sector: Muthoot

Gold stocks have been doing well today after the KUB Rao Committee said that there is no risk to the financial system because of gold loan NBFCs. George Alexander Muthoot, MD, Muthoot Finance told CNBC-TV18 that the move by the committee is positive.

Growth in AUM has been a challenge: Muthoot Finance

India's largest gold loan company Muthoot Finance reported a net profit of Rs 268 crore for the quarter ended September 30, 2012 against Rs 246 crore in the same period last year. Its income from operations stood at Rs 1,299.5 crore versus Rs 1,284 crore (QoQ).

Required level of subscription not achieved: Muthoot Fin

Oomen K Mammen, CFO, Muthoot Finance, says that the company has received a good response from retail investors but it was not up to the desired level.

Muthoot Finance plans to raise Rs 500cr via NCDs issue

Oommen Mammen, chief financial officer of Muthoot Finance says the issue is for Rs 250 crore with an option to retain oversubscription for another Rs 250 crore. "We are planning to raise Rs 500 crore," he adds.

AUM growth to be flat in Q2; 10-15% in Q3-Q4: Muthoot Fin

Despite regulatory hurdles, Muthoot Finance sees assets under management growing 10-15% in the third and fourth quarter of FY13.

Expect asset growth to be muted in FY13: Muthoot Finance

George Alexander Muthoot, managing director of Muthoot Finance says, this year the asset growth may be little muted due to some regulatory overhangs. However, he says, the company would try its best to maintain the profitability.

Muthoot Finance to grow loans at a subdued 16-25% in FY13

With regulations in the loan-against-gold segment becoming tighter, Kochi-based Muthoot Finance‘s loan book is likely to grow at a much slower 16-25% this financial year, compared with 55-100% in the past. RBI has directed banks to reduce their lending exposure to gold loan companies from 10% to 7.50% of their net owned funds.

Gold-NBFCs' growth unfazed by RBI advice, measures: Muthoot

In an interview to Ooomen Mammen, chief financial officer, Muthoot Finance drummed down the effect of the RBI‘s advice to banks to limit their exposure to the gold-NBFC sector to 7.5%. He is hopeful that the cut in repo rate will reduce the interest rates on the company‘s borrowings

Already follow most guidelines outlined by RBI: Muthoot Fin

Muthoot Finance tells CNBC-TV18 that RBI's new guidelines to ensure good and fair practices won't affect them much because they already follow most of them.

Muthoot Finance sees another 3-4% correction in gold

George Alexander Muthoot, managing director, Muthoot Finance joins CNBC-TV18 to opine on the fluctuating price of gold and the way forward for his company as a result of the volatility in the supposed safe haven.

Gold loan costs can be passed onto clientele: Muthoot Fin

Gold loan finance company, Muthoot Finance’s nonconvertible debenture (NCD) issue opened today. The company plans to raise Rs 1000 crore through the public issue of debentures, said managing director George Alexander Muthoot.

Muthoot Fin clears the air, says RBI probe is routine audit

George Alexander Muthoot, the company’s managing director says the alleged ‘probe’ is only ‘a routine audit inspection’ that is conducted by the RBI over the past years of its existence.

Gold prices not likely to hike or fall: Muthoot Finance

George Alexander Muthoot, MD of Muthoot Finance, in an interview with CNBC-TV18's Sonia Shenoy and Mitali Mukherjee, gave his perspective of the fourth quarter performance and their divulged future plans.