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Thursday 27 Feb, 2025 03:23 PM

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Muthoot Finance rises after RBI grants permission to open 115 new branches

27-Feb-25 11:01 Hrs IST

The announcement was made on Wednesday, 26 February 2025.

Muthoot Finance is the flagship company of the Kerala-based business house, The Muthoot Group, which has diversified operations in financial services, healthcare, education and hospitality. It is India's largest gold loan focused NBFC.

The company had reported 21% jump in consolidated net profit to Rs 1,391.5 crore on a 36% increase in total income to Rs 5,221.7 crore in Q3 FY25 as compared with Q3 FY24.

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