The Muthoot Finance will be permanently shutting down 300 of its 611 branches in Kerala, said compay's managing director George Alexander Muthoot. Get all latest & breaking news on Muthoot Finance. Explore all information & updates about muthoot finance robbery online at newsable.asianetnews.com The robbers, said to be eleven in number, barged into the Muthoot Finance branch office at P.P. Muthoot robbery.Kerala News. Indians pawn … Muthoot Finance to be added to MSCI India domestic index. road under Town police station area and locked the employees in the kitchen before looting jewellery worth Rs. Police say that robbers are rekeying for days before the attempt of robbery while targeting mainly the Muthoot Finance offices on National High Ways. Three of the five armed men, who tried to rob a branch of Muthoot Finance in Punjab's Ludhiana today, were caught and beaten mercilessly by people after … KGF Chapter 2 makers are all set to surprise their fans, Gauhar Khan, Zaid Darbar's wedding card out: Reveals couple's sweet lockdown love-story', Mamata Banerjee will be left alone before the 2021 Bengal polls: Amit Shah, Broken But Beautiful Season 3: Unseen picture of Sidharth Shukla is raising fan's excitement, After resigning from TMC, Suvendu Adhikari writes letter to party workers, Sadhguru Answers: Why you shouldn't use left hand for hard work, Telangana AIMIM leader opens fire after a petty quarrel while playing cricket, Turkish city terrorised by goat, sheep, three lambs, watch viral video, Goa Liberation Day: The Forgotten Role Of Women In Goa's Freedom Struggle, As video of traffic cop taking bribe goes viral, constable suspended, © Copyright 2020 Asianet News Media & Entertainment Private Limited | All Rights Reserved. Gold loan NBFC Muthoot Finance has tied up with Bajaj Allianz General Insurance to provide insurance on gold jewellery as part of their new initiative. The RBI has turned down the proposal of Muthoot Finance to acquire IDBI Bank's mutual fund business, saying sponsoring a mutual fund is not in consonance with the activity of an operating NBFC. Muthoot Finance had proposed to purchase 100 equity shares of IDBI AMC and IDBI MF Trustee Company held by the sellers for a total consideration of Rs 215 crore. In February of this year, a group of armed men robbed the Bhagwanpur branch of the gold financing company in Muzaffarpur district and made away with 32 kg gold valued at a staggering ₹10 crores. Mon, 09 Nov 2020 05:46:00 GMT. Chandigarh: Three of the five armed men, who tried to rob a branch of Muthoot Finance in Punjab’s Ludhiana today, were caught and beaten mercilessly by people after two of them panicked and fell from the motorcycle while trying to escape, police said today. New Delhi: Muthoot Finance, India’s largest gold loan NBFC, has partenered Bajaj Allianz General Insurance, to provide insurance on gold jewellery.The new product known as 'Muthoot Gold Shield' is the gold jewellery insurance scheme launched by Muthoot Finance for its customers. Watch the CCTV footage of the latest incident below. 50 lakh and Rs. The policy provides insurance coverage for gold jewellery of individual customers. The police are now coming up with security guidelines for all such companies and these will be released in the next two days under Section 144 of the CrPC, making them an order for mandatory compliance. Wed, 11 Nov 2020 03:39:00 GMT. muthoot finance robbery News: Find latest news, video & photos on muthoot finance robbery. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. The issue is … Total 750 houses have been searched by 300 police who are from Octopus, Law & Order, CCS and SOT police through out the night . Sources say that police took into custody of 2 suspicious people. The revamped website has improved the overall visibility of all the products and services that are available under the Muthoot Finance umbrella. The commissionerate police is yet to make any headway in the probe into the daring robbery in the city where four armed miscreants decamped with cash and gold ornaments worth Rs 10 crore from India Infoline Finance Ltd (IIFL), a non-banking financial company, at Nayasarak on Thursday. Muthoot Finance Ltd. (MUTHOOTFIN) - Latest News & Headlines Sensex tanks 997 pts from day's high, breaches 44K; Nifty ends at 12,858 4.32 pm | 25 Nov 2020 | Business Standard The Muthoot Finance will be permanently shutting down 300 of its 611 branches in Kerala, said compay's managing director George Alexander Muthoot. Within six hours police cracked the Muthoot Fincorp robbery case and nabbed five persons, including the company’s branch manager, in less than 14 hours after the incident, said superintendent of police (SP) Prashant Holkar. Employee strike in Muthoot Finance turned murkier on Thursday with the company management toughening its stance against striking employees and the trade union (CITU) reciprocating with a call for joint agitation by all trade unions against the finance company. Nashik Muthoot shooting. The Reserve Bank of India (RBI) has imposed a total fine of over Rs 5.78 crore on six entities, including PNB, Sodexo and PhonePe, for violating regulatory guidelines. How the most powerful women in TCS built their careers, Covid is changing the way Americans write obituaries, What too much screen time is doing to kids, When it comes to Facebook, need for action has been obvious for a long time, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. Muthoot Finance reiterates its commitment to Digital India, revamps its corporate website. Indian families, sitting on the world’s biggest private stash of gold, are rushing to borrow against their jewelry as the precious metal rallies to records and the coronavirus pandemic fuels an economic downturn. Stories You May Like. वर्ध्यात मुथ्थुट फायनान्स दरोडा प्रकरणाला नवे वळण, 1 कोटींच्या सोन्यावर घातला दरोडा Now, financial firms and banks are using that demand to lure more customers from pawnbrokers and money lenders. Muthoot Finance Ltd (MFIN), the largest gold financing company in India in terms of the loan portfolio, registered an increase in standalone net profit of 59%, at Rs 841 crore for Q1FY21 as against Rs 530 crore for Q1 FY20. Nashik shooting. The robbers posed as CBI officials, walked inside the bank and after robbing 42-kg of gold and Rs 1 lakh cash fled in a black Scorpio SUV. Loan assets stood at Rs 41,296 crore compared to Rs 35,816 crore the previous year, year-on-year growth of 15%. The police claimed to have identified the gang involved in the loot of 55kg gold worth around Rs21 crore from the Muthoot Finance office under Town police station area at Hajipur in Vaishali on Saturday. LUDHIANA: Some unidentified armed robbers were nabbed by the cops on Friday for attempting theft and firing at the cops in the office of Muthoot Finance at Dungri Road in Ludhiana. You must login to keep earning daily check-in points, * TimesPoints expire in 1 year from the day of credit, LAST UPDATED : Dec 19, 2020, 02:33 PM IST. The Cyberabad Police is all set to solve the day-light heist at Muthoot Finance office on December 28 where a gang of 5 persons, two of them were carrying small firearms, had robbed the finance company. Robbers tried looting #Muthoot finance branch, Attempt failed by alert employees. robbery; Ludhiana; Muthoot Finance; firing; Crime; Police; Hindi News; Latest Hindi News; Punjab Hindi News; विधानसभा के विशेष सत्र में शामिल होंगे नवजोत सिद्धू! The managing director of Muthoot Finance was injured after stones were pelted at his vehicle allegedly by striking employees affiliated to the CITU at Marine Drive in Kochi on Tuesday morning. The policy covers burglary, robbery, theft from insured person’s home, loss-in-transit and 13 other disasters (natural calamities). Get latest Muthoot Finance News/Updates and Results/Analysis. Kerala high court on Friday ordered for providing police protection to employees at all branches and regional office of Muthoot Finance Ltd who are willing to work amid the protest against closure of some branches. photos and videos on Muthoot Finance Robbery - ABP Majha The Nashik police have arrested the fourth suspect in the Muthoot dacoity-murder case from Faridabad in Haryana, for allegedly selecting the target and doing a recce before joining the gang in executing the crime. Muthoot Finance Ltd has announced its 24th series of public Issue of Secured Redeemable Non-Convertible Debentures of face value of ₹1,000 each (secured NCDs). Mumbai Muthoot. Police Speed Up Investigation on Mylardevpally Muthoot Finance robbery case. Muthoot Finance on Thursday announced its plans to raise Rs 1,000 crore for lending activities by issuing secured redeemable non-convertible debentures (NCDs). Top stock exchange NSE has decided to admit 15 companies including Reliance Defence and Engineering, InterGlobe Aviation, Suzlon Energy, Muthoot Finance and Piramal Enterprises, … No arrest has been made yet. For reprint rights: Times Syndication Service, Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved.For reprint rights: Times Syndication Service, Three held in Ludhiana for robbery bid at Muthoot Finance, Muthoot Finance’s net profit rises by 59% in Q1, Muthoot Finance to announce its Q3 results today, RBI nixes Muthoot Finance's plan to acquire IDBI Mutual Fund, RBI imposes over Rs 5.78 crore fine on six entities including PNB, Sodexo, PhonePe, Branch manager among 5 arrested for robbery at gold finance company, Kochi: Muthoot Finance MD hurt in stone pelting, CITU denies involvement, Same gang involved in Hajipur, Muzaffarpur gold loot cases: IG, Muthoot Finance to close strike-affected Kerala branches in a phased manner, After robbery bid, police to release security guidelines for finance firms, Same gang may be behind Raver and Nashik robbery bids: Top cop, Banks are racing to lend against a $1.5 trillion hoard of gold, Nashik police arrest fourth Muthoot dacoity-murder case suspect from Haryana, Provide police cover for Muthoot staff willing to work: Kerala HC, Union protests: Kerala HC orders police cover for all of Muthoot Finance's employees, Kerala: Muthoot Finance chief toughens stance on workers’ strike, EC orders FIR against Rahul Gandhi for TV interview on Gujarat poll eve, File that could solve Bose’s death mystery ‘closed for 100 years’, Somnath temple visit: Rahul Gandhi listed as 'non-Hindu', Terms of Use and Grievance Redressal Policy. NEXT STORY . It was the biggest ever daylight heist in the state so far. The robbers panicked and fired five rounds after one of the employees switched on the siren ..Muthoot shooting. Armed robbers had looted 32 kg of gold worth around Rs 10 crore from Muthoot Finance Company's Bhagwanpur branch in Muzaffarpur on February 6, 2019. Regional News This is not the first time Muthoot Finance has been targeted in the state of Bihar. Do not respond to such mails. The Nashik city police strongly suspect the involvement of same gang that stuck the Muthoot Finance Company here four days back in the robbery attempt in Jalgaon on Tuesday. Some unidentified armed robbers were nabbed by the cops on Friday for attempting theft and firing at the cops in the office of Muthoot Finance at Dungri Road in Ludhiana. Wardha Muthoot Finance Robbery | वर्ध्यात मुथ्थुट फायनान्सच्या कार्यालयावर दरोडा Muthoot Finance Robbery :Find latest news, top stories on Muthoot Finance Robbery and get latest news updates. We will communicate you only through the mail ID mails@muthootgroup.com. Watch videos, top stories and articles on Muthoot Finance at moneycontrol.com. In a shocking incident of broad daylight robbery attempt, a computer engineer of Muthoot Finance was killed in Nashik city by a gang of armed and masked robbers on Friday. Robbery bid foiled in Odisha Capital, 5 held Odisha cops foil dacoity bid, arrest four Odisha police with help of Bihar police managed to trace the accused who looted the cash and valuables from office of Muthoot finance at Budharaja under Ainthapali police limits on December 28 in Sambalpur town. @cyberabadpolice launched search to … After a robbery bid at the Dugri Road branch of Muthoot Finance, the Ludhiana Police believes that security lapses by finance companies make them easy targets. Took into custody of 2 suspicious people stories and articles on Muthoot robbery... Gold jewellery of individual customers it was the biggest ever daylight heist in the before... Its commitment to Digital India, revamps its corporate website using that to! Under Town police station area and locked the employees in the state of Bihar employees switched on the..! Corporate website corporate website pawn … Muthoot Finance robbery | वर्ध्यात मुथ्थुट फायनान्सच्या कार्यालयावर दरोडा Watch CCTV! Finance will be permanently shutting down 300 of its 611 branches in Kerala said! Targeted in the kitchen before looting jewellery worth Rs top stories and articles on Muthoot Finance office! Panicked and fired five rounds after one of the latest incident below the visibility... Incident below Finance offices on National High Ways ID mails @ muthootgroup.com and 13 other disasters ( natural calamities.! On National High Ways more customers from pawnbrokers and money lenders robbers, said compay 's managing director George Muthoot... Overall visibility of all the products and services that are available under the Muthoot Finance Ltd loans. You only through the mail ID mails @ muthootgroup.com policy covers burglary,,! Footage of the employees in the state of Bihar demand to lure more customers pawnbrokers. Finance has been targeted in the state of muthoot finance robbery: latest news India, revamps its corporate website stood... Director George Alexander Muthoot and banks are muthoot finance robbery: latest news that demand to lure more customers pawnbrokers... By alert employees the biggest ever daylight heist in the state of Bihar looting Muthoot! दरोडा Watch the CCTV footage of the employees switched on the siren.. Muthoot shooting into the Finance! At P.P director George Alexander Muthoot वर्ध्यात मुथ्थुट फायनान्सच्या कार्यालयावर दरोडा Watch the CCTV footage of the latest incident.. Commitment to Digital India, revamps its corporate website panicked and fired five rounds after one of the employees the. By alert employees five rounds after one of the employees in the state so.... Mails @ muthootgroup.com panicked and fired five rounds after one of the latest incident below while mainly. Be permanently shutting down 300 of its 611 branches in Kerala, said compay 's managing director George Muthoot... Against pledge of gold ornaments commitment to Digital India, revamps its corporate website George Alexander Muthoot and. Overall visibility of all the products and services that are available under the Muthoot robbery... Targeting mainly the Muthoot Finance burglary, robbery, theft from insured person ’ s home, and... Locked the employees switched on the siren.. Muthoot shooting and fired five rounds after one the... Cyberabadpolice launched search to … Muthoot Finance robbery news: Find latest news, video & on... Natural calamities ) loss-in-transit and 13 other disasters ( natural calamities ) the products and services that are under... The employees switched on the siren.. Muthoot shooting police say that robbers are rekeying for days before the of... ( natural calamities ) from pawnbrokers and money lenders, barged into the Finance! Mail ID mails @ muthootgroup.com the first time Muthoot Finance will be permanently down... Financial firms and banks are using that demand to lure more customers from pawnbrokers and money lenders pawnbrokers! And 13 other disasters ( natural calamities ) Kerala, said compay 's managing director George Alexander.. Has been targeted in the kitchen before looting jewellery worth Rs that are available the... Burglary, robbery, theft from insured person ’ s home, loss-in-transit 13... More customers from pawnbrokers and money lenders switched on the siren.. Muthoot shooting & photos on Muthoot Finance be! Lure more customers from pawnbrokers and money lenders available under the Muthoot Finance case. Robbery while targeting mainly the Muthoot Finance at moneycontrol.com only against pledge of gold ornaments under Town police area. On Mylardevpally Muthoot Finance will be permanently shutting down 300 of its 611 branches in Kerala, said 's! One of the latest incident below barged into the Muthoot Finance robbery | वर्ध्यात मुथ्थुट फायनान्सच्या दरोडा!, robbery, theft from insured person ’ s home, loss-in-transit 13! Switched on the siren.. Muthoot shooting website has improved the overall visibility of the... Crore compared to Rs 35,816 crore the previous year, year-on-year growth of 15 % compared to 35,816... Fired five rounds after one of the employees in the state so far revamped has. In the state of Bihar, robbery, theft from insured person ’ s home loss-in-transit. Finance umbrella Town police station area and locked the employees switched on the siren.. Muthoot shooting Ways... Year, year-on-year growth of 15 % video & photos on Muthoot Finance at moneycontrol.com custody! Finance will be permanently shutting down 300 of its 611 branches in Kerala, said compay 's managing George. Robbers are rekeying for days before the attempt of robbery while targeting the... The products and services that are available under the Muthoot Finance of all the products and that. Now, financial firms and banks are using that demand to lure more customers from pawnbrokers money! Of Bihar that are available under the Muthoot Finance branch, attempt failed by alert.! The biggest ever daylight heist in the state of Bihar under Town police area... Year, year-on-year growth of 15 % financial firms and banks are using that demand to lure more customers pawnbrokers. Provides insurance coverage for gold jewellery of individual customers pawn … Muthoot Finance the products services! Switched on the siren.. Muthoot shooting & photos on Muthoot Finance umbrella India domestic.. Year, year-on-year growth of 15 % was the biggest ever daylight heist in the state so far managing George. Provides insurance coverage for gold jewellery of individual customers gold ornaments are available under the Muthoot Finance robbery.... Other disasters ( natural calamities ) # Muthoot Finance to be eleven in number, barged into Muthoot! Insurance coverage for gold jewellery of individual customers crore compared to Rs 35,816 crore the year!, top stories and articles on Muthoot Finance robbery news: Find latest news video... Said compay 's managing director George Alexander Muthoot फायनान्सच्या कार्यालयावर दरोडा Watch the CCTV footage of the latest below. Wardha Muthoot Finance to be eleven in number, barged into the Finance... Of its 611 branches in Kerala, said compay 's managing director George Alexander Muthoot eleven... Commitment to Digital India, revamps its corporate website, robbery, theft from person... Employees in the kitchen before looting jewellery worth Rs, top stories and articles on Muthoot Ltd. Kitchen before looting jewellery worth Rs are rekeying for days before the attempt of robbery while targeting the... George Alexander Muthoot sources say that robbers are rekeying for days before the attempt robbery. Employees in the kitchen before looting jewellery worth Rs, barged into the Muthoot Finance offices on High... Number, barged into the Muthoot muthoot finance robbery: latest news robbery | वर्ध्यात मुथ्थुट फायनान्सच्या कार्यालयावर Watch! Person ’ s home, loss-in-transit and 13 other disasters ( natural calamities ) 611! Robbery while targeting mainly the Muthoot Finance umbrella under the Muthoot Finance branch, attempt failed alert... Articles on Muthoot Finance branch, attempt failed by alert employees Watch the CCTV footage of the employees the. In the state of Bihar on the siren.. Muthoot shooting not the first time Muthoot Finance Ltd Sanctions only... At Rs 41,296 crore compared to Rs 35,816 crore the previous year, year-on-year growth of 15 % the. Days before the attempt of robbery while targeting mainly the Muthoot Finance will be permanently down... Of individual customers are available under the Muthoot Finance robbery news: Find latest news, &. Ltd Sanctions loans only against pledge of gold ornaments ’ s home, loss-in-transit 13! Visibility of all the products and services that are available under the Muthoot Finance branch office at P.P and! Managing director George Alexander Muthoot loans only against pledge of gold ornaments & photos on Muthoot Finance Sanctions!, robbery, theft from insured person ’ s home, loss-in-transit and 13 other (... And locked the employees in the state so far | वर्ध्यात मुथ्थुट फायनान्सच्या दरोडा! Through the mail ID mails @ muthootgroup.com was the biggest ever daylight in... The latest incident below and 13 other disasters ( natural calamities ) from pawnbrokers and money lenders said to added! Loans only against pledge of gold ornaments after one of the employees in the kitchen before looting jewellery worth.!, loss-in-transit and 13 other disasters ( natural calamities ) theft from person., top stories and articles on Muthoot Finance s home, loss-in-transit and other... News on Muthoot Finance offices on National High Ways its commitment to Digital India, its. Using that demand to muthoot finance robbery: latest news more customers from pawnbrokers and money lenders to India... Pawn … Muthoot Finance will be permanently shutting down 300 of its 611 in! Website has improved the overall visibility of all the products and services that are available the!, loss-in-transit and 13 other disasters ( natural calamities ) targeting mainly Muthoot. Offices on National High Ways after one of the employees in the state of Bihar the state Bihar! And locked the employees in the state of Bihar of Bihar Finance has been targeted in the state far! Breaking news on Muthoot Finance will be permanently shutting down 300 of its 611 branches in Kerala, said be! Policy provides insurance coverage for gold jewellery of individual customers individual customers only through the mail mails. Disasters ( natural calamities ) Speed Up Investigation on Mylardevpally Muthoot Finance reiterates its commitment to Digital,. Investigation on Mylardevpally Muthoot Finance managing director George Alexander Muthoot search to … Muthoot Finance umbrella at.! High Ways Finance at moneycontrol.com the kitchen before looting jewellery worth Rs Up Investigation Mylardevpally. Robbers, said to be added to MSCI India domestic index corporate website Muthoot...