Saturday, July 27, 2013

Muthoot Finance to raise Rs 400 cr via bond issues in Aug

Muthoot Finance to raise Rs 400 cr via bond issues in Aug


The recent fall in gold prices has not led to any contraction in gold loan demand for Kerala-based Muthoot Finance, which is also planning to mop up Rs 400 crore through bond issues in August. So far, the company has not seen any deterioration in the credit quality, according to Oommen K Mammen, the CFO, Muthoot Finance.

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