Thrifts and Mortgage Finance
Company Overview of Muthoot Fincorp Limited
Muthoot Fincorp Ltd., a non-banking finance company, provides financial services. It offers gold, home, and auto loans; loans against property; investment products, such as bonds and debentures; and advisory services, such as insurance advisory services. The company also offers money transfer, foreign exchange, and travel related services. It serves the financial needs of retail and institutional customers through a network of branches in India. Muthoot Fincorp Ltd. has strategic alliances with Western Union Money Transfer, Motilal Oswal, and Franklin Templeton. The company was incorporated in 1997 and is based in Cochin, India. Muthoot Fincorp Limited operates as a subsidiary of Muthoot Pap...
Cochin, 682 035
Founded in 1997
Key Executives for Muthoot Fincorp Limited
Chairman, Managing Director, Chairman of Asset Liability Management Committee, Chairman of Debenture Issue Committee, Chairman of Operations Committee, Member of Nomination & Remuneration Committee, Member of Risk Management Committee, Member of Bond Issue Committee and Member of CSR Committee
Vice President of Finance & Accounts and Member of Asset Liability Management Committee
Executive Director, Member of Risk Management Committee, Member of Bond Issue Committee, Member of CSR Committee and Member of Debenture Issue Committee
Executive Vice President and Member of Stake Holders Relationship Committee
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.
Muthoot Fincorp Limited Key Developments
Muthoot Fincorp In Discussions To Raise Funds For Its Microfinance Business
Jun 30 16
Muthoot Fincorp Limited is in advanced talks with foreign private equity funds to raise between INR 4 billion-INR 5 billion for its microfinance business as it looks to expand its diversified lending portfolio with more consumer-centric products and insulate itself from the impact of volatile gold prices.
Muthoot Fincorp Limited, Board Meeting, Jun 06, 2016
Jun 3 16
Muthoot Fincorp Limited, Board Meeting, Jun 06, 2016. Agenda: To consider and approve the issuance of non-convertible debt securities by the way of public issue or private placement for the fiscal year of 2017.
Muthoot Microfin To Divest 15% Stake
Mar 19 16
Muthoot Microfin Limited is planning to divest up to 15% stake in Muthoot Fincorp Limited for INR 1.5 billion to an overseas private equity firm by the first quarter of 2016-17. Muthoot Microfin Limited is already at an advanced stage of discussions with a private equity firm based in the US.
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