Dec 21, 2017 12:27 PM IST
We have seen a little uptick in the assets under management (AUM) growth, George Alexander Muthoot, MD of Muthoot Finance said.
- Sep 13, 2017 11:33 AM IST
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.
- May 22, 2017 05:34 PM IST
In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance spoke about the latest happenings in his company and sector.
- Dec 29, 2016 10:36 AM IST
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.
- Dec 09, 2016 11:19 AM IST
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.
- Nov 29, 2016 02:45 PM IST
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.
- Nov 15, 2016 10:56 AM IST
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.
- Aug 02, 2016 09:49 AM IST
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.
- Jul 22, 2016 03:40 PM IST
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.
- Mar 03, 2016 04:11 PM IST
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.
- Nov 23, 2015 01:35 PM IST
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).
- Mar 03, 2015 01:09 PM IST
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.
- Jan 09, 2015 12:00 PM IST
Speaking about the easing, Muthoot Finance CEO said bullet payment does not tend to affect asset quality of a company.
- Jan 09, 2014 10:21 AM IST
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.
- Dec 30, 2013 10:26 AM IST
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.
- Sep 03, 2013 03:50 PM IST
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.
- Jun 27, 2013 02:08 PM IST
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.
- May 08, 2013 01:26 PM IST
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.
- Jan 14, 2013 02:00 PM IST
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.
- Jan 03, 2013 01:23 PM IST
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.
- Oct 15, 2012 03:55 PM IST
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.
- Sep 12, 2012 02:26 PM IST
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.
- Apr 24, 2012 04:20 PM IST
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.
- Apr 17, 2012 04:09 PM IST
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
- Mar 27, 2012 01:40 PM IST
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.