Muthoot Finance is planning to raise funds by way of Public issue of Redeemable Non- Convertible Debentures (NCD) in one or more tranches. A meeting of Board of Directors of the company is scheduled to be held on February 14, 2020 to consider and approve the same.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.