This is to inform you that Moodys Investors Service has affirmed Muthoot Finance Limiteds Muthoot Group is a leading name in the world of non-Banking finance, dealing Gold Loan, Foreign Exchange and Money Transfer. The index was trading 1.17 per cent up at 16628.22. We hereby submit the Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. quarter and half year ended September 30, 2020. Stable from Negative. Pursuant to the requirement of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform you about the Q2 FY 2021 results conference call of the Company scheduled on Tuesday, November 03, 2020 at 05.00 P.M. (IST) at Kochi. The News Scroll 10 December 2020 Last Updated at 6:36 pm | Source: PTI Outlook December 10, 2020 18:36 IST Muthoot Finance to raise Rs … Investors who put in applications for more than Rs 10 lakhs are defined as HNIs, with this category of investors putting in applications worth Rs 2,333 crore. Filing complaint not easy, Xiaomi turns profitable in third year in India. A fixed deposit from SBI pays a up to 5.4%, while a corporate deposit from a AAA rated company returns 6- 6.5% every year. The S&P BSE MidCap index was trading 0.39 per cent down at 15499.38. Increase in LTV has further put banks in a sweet spot. The stock has gained 125% since the … Do you think too much power to the taxman bodes well for a country in repair? List your Business on Economic Times for Free and reach out to millions of users. Banks aggressively lending retail gold loans. We enclose herewith the financial results for the quarter and half year ended September 30, 2020. Get latest Muthoot Finance News/Updates and Results/Analysis. Should traditional investors look to buy Muthoot Finance's NCDs? For more details, kindly Click here. The higher returns are because of the lower credit ratings. An update on the status of Share Purchase Agreement dated November 22,2019. Muthoot's shares have rebounded sharply from 52-week low of ₹ 477 hit in March. The central bank has also imposed a penalty of Rs 5 lakh on Manappuram Finance, Thrissur for non-compliance with directions on verification of ownership of gold jewellery. The midcap index has also scaled to a 52-week high with strong outperformance in the current week and would continue to outperform the broader indices... 10.53 am | 19 Nov 2020 |  Source: Moneycontrol.com. We are also India’s largest gold financing company in terms of loan portfolio. Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 47745.51 Crore) operating in NBFC sector. For reprint rights: Times Syndication Service, ICICI Prudential Bluechip Fund Direct-Growth, Mirae Asset Emerging Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More. They had earlier hit … Latest Business News rbi India Business News: The RBI has turned down the proposal of Muthoot Finance to acquire IDBI Bank's mutual fund business, saying sponsoring a mutual fund is not in consona Thu, 10 Dec 2020 05:14:00 GMT. Buy Muthoot Finance, target price Rs 1280: Edelweiss, Day trading guide: Nifty might witness mild pullback if it fails to hold 13,500 level, Buy Muthoot Finance, target price Rs 1460: Motilal Oswal, RBI rejects Muthoot Finance's proposal to acquire IDBI Asset Management Company, RBI rejects Muthoot Finance's proposal to acquire IDBI AMC, Muthoot Finance, Bajaj Allianz General Insurance tie up to provide insurance on gold jewellery, Asset quality of Indiabulls Housing Fin, IIFL Finance vulnerable: Moody's, Stock market update: BSE MidCap index rises 1%; Future Retail surges 10%, RBI imposes penalty on Muthoot Finance, Manappuram Finance, Stock market update: MidCap stocks advance; Indian Hotels Company surges 8%, Manappuram Finance forecasts loan growth at 20%, Stock market update: MidCap stocks down; Muthoot Finance tanks 8%, Stock market update: BSE MidCap index gains over 1%; Sun TV leaps 6%, Muthoot Finance Q2 results: Net profit rises 2.5% to Rs 931 cr, Muthoot Finance NCD raises Rs 2,967 crore on day 1, Stock market update: BSE MidCap index gains 1%; Shriram Transport Finance leaps 8%, Earn upto 8% from Muthoot Finance Non Convertible Debentures, Stock market news: Muthoot Finance shares fall over 1%. Webinar Presented by Knowlarity & Freshworks, Price of Muthoot Finance on previous budgets. The appointment is for a period of 3 (three) years and is subject to approval of the shareholders of the Company. Muthoot Fincorp on a standalone basis had a net worth of ₹ 3,006 crore and assets under management of ₹ 14,359 crore, as on 31 December, 2019, according to … 1,000 each (“Secured NCDs”). At the current price, Manappuram offers a great opportunity for risk takers... 12.28 pm | 06 Nov 2020 |  Source: Moneycontrol.com. A fixed deposit from SBI pays upto 5.4%, while a corporate deposit from a AAA rated company returns 6- 6.5% every year. IDBI Bank, which is a subsidiary of Life Insurance Corporation, has to divest its share in the AMC since LIC already has a mutual fund unit. with an option to close on such earlier date or extended date as may be decided by the Board of Directors or NCD committee, Muthoot said. The Board of Directors of the Company has announced the Unaudited Financial Results for the quarter and half year ended September 30, 2020. Do not respond to such mails. Singapore, December 14 (ANI): Moody's Investors Service has affirmed Muthoot Finance Ltd's Ba2 corporate family rating and changed its outlook to stable from negative. Stocks to watch today on December 11: Kotak Mahindra Bank, TCS, Bank of Baroda, Muthoot Finance, Coal India, United Spirits among others are the top stocks to watch out for in … The index was trading 1.33 per cent up at 15287.16. The activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC," the regulator told the gold-loan company Monday. Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 46251.14 Crore) operating in NBFC sector. Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 48224.91 Crore) operating in NBFC sector. Riot-hit Apple supplier Wistron hired more than it could handle in its Karnataka factory, Join us in CXO Round Table Series on Project Management, Mysuru Rail Museum witness huge foot fall, Sankaran Naren names the biggest fund manager driving up stocks, Travel insurance - Everything that you must know, RIL, BP start gas production at ultra-deep-water R-cluster field off Kakinada coast, Bitcoin tops $16,000-mark! Managing director George Alexander Muthoot … George Alexander Muthoot, Managing Director, Muthoot Finance said, "Muthoot Finance as a company has always believed in the philosophy of … Interest rates offered by Muthoot Finance are higher than those offered by banks and corporate deposits. Stocks to watch today on December 14: Power Grid, YES Bank, Muthoot Finance, Jindal Steel, Cipla, L&T Tec among others are the top stocks to watch out for in Monday's trading session On the technical front, secondary oscillators suggest volatility is likely to grip the market in the coming sessions as well.... 12.59 pm | 05 Dec 2020 |  Source: Moneycontrol.com. The meeting commenced at 10.00 AM (IST) and concluded at 01.00 PM (IST). IT, realty could be the sectors to bet on now, Kunal Bothra's trading ideas for this week, At $29 billion, holiday stock spending shows no trace of fatigue, This UK bond trend is seen powering ahead, Brexit deal or not, Dalal Street week ahead: Market at crucial juncture; stay highly sector & stock-specific, A checklist for investing success from a money manager Warren Buffett admires, Antony Waste Handling Cell raise Rs 90 crore from 10 anchor investors, Antony Waste Handling Cell raises Rs 90 crore from 10 anchor investors ahead of IPO. 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