The thriving fintech and digital lending industry in India, encompassing the gold loan sector, delivers innovative and accessible credit solutions to millions in rural and underserved areas through digital platforms and technologies. Let s delve into what these sectors anticipate from Budget 2024.
Shares of Muthoot Finance fall after chairman s death George Muthoot took charge as chairman in 1993, overseeing its expansion into more than 4,500 branches across the country and growing its market capital nearly eight folds in the past decade Reuters | Bangalore | Published 09.03.21, 02:19 AM
Shares of Indian non-banking financial firm Muthoot Finance Ltd fell the most in nearly two months on Monday, after group chairman M.G. George Muthoot died over the weekend, with media reports saying he fell from his fourth floor house in New Delhi.
On the BSE, the stock opened sharply lower at Rs 1,205 and later recovered to touch an intra-day high of Rs 1,271 before closing at Rs 1,259.90, down Rs 29.85, or 2.31 per cent, against the previous close
India Business News: Shares of Indian non-banking financial firm Muthoot Finance Ltd fell the most in nearly two months on Monday, after group chairman MG George Muthoot d
Muthoot Finance Shares Fall After Chairman s Death George Muthoot took charge as chairman in 1993, overseeing its expansion into more than 4,500 branches across the country and growing its market capital nearly eight folds in the past decade.
Updated: March 08, 2021 12:39 pm IST
Shares of gold loan company Muthoot Finance fell as much as 6.57 per cent to hit an intraday low of Rs 1,205 on the BSE after the company over the weekend informed exchanges that its Chairman and Whole Time Director M G George Muthoot died in Delhi on Friday. Media reports suggested that Mr George fell from his fourth floor house in New Delhi.
By Reuters Staff
2 Min Read
BENGALURU (Reuters) - Shares of Indian non-banking financial firm Muthoot Finance Ltd fell the most in nearly two months on Monday, after group chairman M.G. George Muthoot died over the weekend, with media reports saying he fell from his fourth floor house in New Delhi.
The financier, grandson of the gold financing company’s founding chairman, is credited with growing the company into a pan-India name and scaling its presence beyond the southern state of Kerala, where it is headquartered.
George Muthoot took charge as chairman in 1993, overseeing its expansion into more than 4,500 branches across the country and growing its market capital nearly eight folds in the past decade.