September 29, 2016 11:10 PM ET

Thrifts and Mortgage Finance

Company Overview of Muthoot Fincorp Limited

Company Overview

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...

Muthoot Towers

MG Road

Cochin,  682 035

India

Founded in 1997

Phone:

91 48 4235 1481

Fax:

91 48 4235 1494

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
Age: 54
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
Age: 50
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

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

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

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.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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