Wednesday 7 May 2014

Muthoot Finance plans huge expansion in FY '15

Muthoot Finance-India's largest gold finance company has raised Rs 418 crores through Institutional Placement (IPP), which will be used for expanding the gold loan business. According to company sources, the IPP was oversubscribed 1.8 times and was noted for good participation by domestic institutions, mutual funds and FIIs.  read more

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