Muthoot Finance Invests Rs 500 Crore in Subsidiary Muthoot Money
2 hours agoBusiness
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1 SourcesShanghai, China
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Muthoot Finance Invests Rs 500 Crore in Subsidiary Muthoot Money

Muthoot Finance has infused an additional Rs 500 crore into its subsidiary, Muthoot Money, to repay existing loans and strengthen its capital base. This investment, made through equity shares, aims to improve Muthoot Money's capital adequacy ratio. Muthoot Finance, known for gold loans, also offers other financial services through subsidiaries. The company reported a significant net profit jump in Q2 FY26.

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