Top Most Expensive Cities In The World
Muthoot Fincorp’s non-convertible debentures (NCDs) were purchased by the State Bank of India for Rs 200 crore.
The flagship company of 136-year-old Muthoot Pappachan Group announced on Tuesday that the loan offer has a five-year maturity with interest payments made half-yearly.
However, it did not announce the issue’s price.
According to Shaji Varghese, CEO of the company, the proceeds from the NCD offering will be used for future lending, business operations, and additional expansion and growth plans.
Muthoot Fincorp has approximately 3,600 branches across the country and offers among other things, gold loans, small business loans, auto loans, home loans, and loans against property.
Also read: Ukraine Claims Russian Ships Suspected Of Transporting Drones Destroyed
CM Yogi directed officials to complete all pending work by December 30 and warned that…
Bihar CM Nitish Kumar has begun 'Pragati Yatra' from Valmikinagar in Bihar's West Champaran on…
The Delhi Municipal Corporation (MCD) School in South Extension Part 2, Central Zone, hosted a…
Congress MP Rahul Gandhi on Monday claimed that Dalit activist Somnath Suryawanshi was killed while…
Akhilesh Yadav defended party MLA Suresh Yadav after the latter reportedly referred to the BJP…
A dense fog covered the city, reducing visibility. The minimum temperature dropped to 9.2 degrees…