Muthoot Finance

  • Hyderabad: Man held with gold ornaments stolen from Muthoot Finance February 3, 2014

    Hyderabad: A labourer from Jharkhand was on Monday arrested in connection with the theft at Muthoot Finance in Zaheerabad town and 7 kg gold ornaments and Rs 13.42 lakh in cash was seized from his possession, police said. Ashok Sharma, a native of Saheb Gunj mandal of Jharkhand, who was moving...
  • RBI tightens rules for lending against gold September 17, 2013

    The Reserve Bank of India (RBI) has tightened rules for finance companies which lend against gold in line with the recommendations of an internal panel. The RBI said lenders need to value the pledged gold at the average closing price of 22-carat gold for the preceding 30 days as quoted by...
  • TN: 37 kg gold stolen from Muthoot Finance branch October 6, 2012

    Madurai: A five-member gang kidnapped two employees of a Kerala-based private finance firm and looted 37 kg of gold valued at Rs ten crore from its locker after stealing the keys of its branch office here, police said on Saturday. Police said the gang first kidnapped Balasubramanian, manager of the...
  • Bangalore: Muthoot Finance office robbed August 14, 2012

    Bangalore: A Muthoot Finance office on the outskirts of Bangalore was robbed by two persons on Tuesday morning. The office is located in Ramnagaram district. When the employees resisted, the robbers shot at the manager who is now in a critical condition. The Ramnagaram police are on the lookout for the two...