Microfinance

Muthoot Microfin IPO listed; envisages big plans for development

December 27, 2023

Muthoot Microfin IPO listed; envisages big plans for development

The IPO of Muthoot Microfin which was launched on December 18 had witnessed a big interest from investors and it was oversubscribed by 11.52 times.

July 12, 2022
Muthoottu Mini Financiers aims to reach Rs 4,000cr AUM this fiscal

The company recently announced its ratings upgrade to A- (Stable) from BBB+ (Stable) by CARE Ratings.
May 06, 2022
Muthoottu Mini Financiers appoints Sreejil Mukund its new COO

Mukund, who comes with over 25 years of experience in banking, has been tasked to aid in the organisation’s drive to its next growth phase.
April 07, 2022
From Madhubani to Marayur, how women are making a transformation

Micro entrepreneurs from 28 states and 8 Union territories across the country are taking part in the women-entrepreneurs meet.
September 23, 2020
Popular Finance case: Investigation on right track, says district police chief

The interrogation of Popular Finance Board of Directors' member Riya Ann Thomas, who was arrested the other day, is likely to throw more light into the scam.
September 05, 2020
Popular Finance swindled Rs 600 crore in Konni by violating RBI ban

In 2014, the Reserve Bank had taken action against Popular Finance and banned the firm from accepting deposits in violation of its regulations.
September 04, 2020
Popular Finance mortgaged the same gold twice to increase profits

Popular Finance mortgaged the gold, that was pawned at their branches, again in banks. Till the customer repaid the loan to retrieve the gold, this would be sub-mortgaged in the bank.