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 Through this, the bank aims at handling the entire Post Sanction Credit Operations pertaining to Corporate and MSME Segment Lakshmi Vilas Bank, one of the leading  private sector bank  launched the first commercial banking operations branch at Srinivas Towers, No.…

30% hike in the PAT of Muthoot Finance

Thursday, 10 August 2017 18:07
    Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, registered an increase in net profit of 30%, at Rs. 351crs for Q1 FY18 as against Rs. 270crs in the previous year. Loan Assets…
Adding yet another feather in its cap, Muthoot Finance has won the Kerala Management Association (KMA) award . The KMA award was for recognizing the CSR activities undertaken by Muthoot Finance in the year 2017. The award was presented by…
The leading foreign exchange and remittance company reveals strategic expansion plans  Lulu Exchange, the leading foreign exchange and remittance company, today announced that it has entered into an agreement to acquire 100% ownership of Al Falah Exchange Company in the…
 Coins and fresh currency worth around Rs. 6 lakhs were exchanged    ICICI Bank, India's largest private sector bank by consolidated assets, organised 15 coin exchange melas in the first quarter of this fiscal (April - June 2017) at its branches…
  46% growth in hypothecation loan disbursement on a Year On Year basisMuthoot Capital Services Limited (MCSL), the leading two-wheeler finance company and the first listed entity of the 130 -year-old Muthoot Pappachan Group, recorded a net profit of Rs 6.09…

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Business Digest January 2017

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