Financial Daily from THE HINDU group of publications
Thursday, Jan 26, 2006


Group Sites

Money & Banking - Consumer Finance

Muthoot Fin's new schemes

Our Correspondent

KOTTAYAM: Muthoot Finance will launch innovative schemes in its gold loan segment.

The personal loan against gold security comes with a wide range of new futures and with the introduction of this, the customers could utilise the value of gold to realise their ambitions like high value purchases, higher education etc., said, Mr George Muthoot, Chairman, Muthoot Group.

The group will also introduce credit cards and enter into share trading utilising latest technology, said Mr George Alexander Muthoot, Managing Director of the group.

The annual all-India conference of the managers of the group will be held here on Thursday. A Rs 6,000-crore company, Muthoot Group has 14 business divisions and more than 550 offices all over the country with presence in over 14 States.

More Stories on : Consumer Finance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
FPSB plans to certify 50,000 financial planners

Rupee gains; call rates cross 8 pc
Indian Bank ties up with PNB Principal companies — Q3 net rises 65 pc to Rs 123 cr
IOB net up 22 pc in Q3 on rise in advances, deposits
NBFC licence cancelled
Muthoot Fin's new schemes
ICICI PruLife premium up 76 pc at Rs 588 cr
Corporation Bank signs pact for SME rating
Foreign, pvt banks staff can now blow the whistle — RBI issues norms for `Protected Disclosure Scheme'
Banks allowed to raise capital through innovative instruments
Federal Bank in tie-up with Kotak Mahindra MF
CSB scheme for students
Pref. shares may change banking landscape
PNB signs pact with SIDBI
Finmart helps Dena Bank grow retail portfolio
RBI cancels T-bill auction

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line