muthoot

"Earlier, many of the gold loans were accounted as agricultural loans, etc. Now, they are classifying it all as gold loans, because some banks started saying that we have 40,000-50,000…
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Sameer Nigam and Rahul Chari, cofounders of payments platform PhonePe, have become investors in the Prime Volleyball League (PVL), a private league in which franchise owners are also…
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Kolkata: Overseas private equity investors are making a beeline to raise their stakes in India's small and micro lending landscape, which has turned around from the lows seen during…
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Mumbai: said the pressure on Return on Equity (RoE) - a key profitability ratio - of gold loan companies, and Manappuram Finance, is an area of concern. The brokerage said in a client…
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Mumbai: LIC Mutual Fund has started the process of absorbing IDBI Mutual Fund to fulfill regulatory norms after two attempts to find a buyer for Mutual Fund failed. IDBI Bank-promoted…
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India's non-bank microfinance lenders are gearing up to tap the capital market as the sector shows up prospects for steady growth hereon after a couple of years of anxiety. The sector,…
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