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Muthoot Finance expects minimum 15% growth this year: George Alexander Muthoot

Muthoot Finance expects minimum 15% growth this year: George Alexander Muthoot SECTIONS Last Updated: Jul 14, 2021, 09:44 AM IST Share Synopsis The first quarter of last year was very difficult. Shops were all closed, businesses were closed. But in Q2 and Q3, things started picking up. Once businesses reopened, the credit requirement was so huge that every lender gold lending, personal loans, any other loans started doing better. George Alexander Muthoot, MD, Muthoot Finance George Alexander Muthoot, MD, Muthoot Finance, talks about how the gold loan business shone bright amid the pandemic. Edited excerpts from his interview to ET Now: What are the key triggers for the gold loan up-cycle that you are currently witnessing?

George alexander muthootMuthoot financeஜார்ஜ் அலெக்சாண்டர் முத்ூட்முத்ூட் நிதி

Muthoot Finance: Minimum 15% growth this year for Muthoot Finance: George Alexander Muthoot, MD

Synopsis The first quarter of last year was very difficult. Shops were all closed, businesses were closed. But in Q2 and Q3, things started picking up. Once businesses reopened, the credit requirement was so huge that every lender gold lending, personal loans, any other loans started doing better. George Alexander Muthoot, MD, Muthoot Finance George Alexander Muthoot, MD, Muthoot Finance, talks about how the gold loan business shone bright amid the pandemic. Edited excerpts from his interview to ET Now: What are the key triggers for the gold loan up-cycle that you are currently witnessing? The offtake of gold loan is generally a corollary to the requirement of funding in the economy. In the last quarter all the shops, small traders, MSMEs were closed. Therefore people did not require funding, which is why there was little offtake.

George alexander muthootMuthoot financeஜார்ஜ் அலெக்சாண்டர் முத்ூட்முத்ூட் நிதி

Gold loans shine again, demand picks up in July as Covid cases decline

Gold loans shine again, demand picks up in July as Covid cases decline
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George alexander muthootUmesh mohananReserve bankIndel moneyஜார்ஜ் அலெக்சாண்டர் முத்ூட்உமேஷ் மோஹனன்இருப்பு வங்கிஈண்தெல் பணம்

RBI keeps policy rate unchanged for 6th time in a row: Here is how Industry leaders reacted

This is the sixth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

New delhiLakshmi iyerAmar ambaniAtmanirbhar bharatShaktikanta dasGeorge alexander muthootPrithviraj srinivasChurchil bhattAbheek baruaKotak mahindra life insurance companyDebt fundHead of researchBandhan bankKotak mutual fundMonetary policy committeeReserve bank

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts SECTIONS Last Updated: Jun 04, 2021, 05:27 PM IST Share Synopsis Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter. RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.

Amit goyalRadhika raoAditi nayarSuman chowdhuryGeorge alexander muthootNilaya varmaSanjay palveAlok sheelAbheek baruaBandhan bankJ sagar associates partner anish mashruwalaEmd groupAcuite ratings researchIndia sotheby international realtyMacroeconomics alok sheelIndia sotheby