Muthoot FinCorp

By Binnypriya Singh , 28 September 2025

The Reserve Bank of India (RBI) has levied a penalty on Muthoot FinCorp for failing to adhere to certain regulatory norms. The central bank cited lapses in compliance related to operational and reporting standards, emphasizing the importance of strict adherence to statutory guidelines. While the penalty amount was not disclosed, the move underscores the RBI’s commitment to ensuring robust governance and financial discipline within non-banking financial companies (NBFCs).

By Tushar Sharma , 5 July 2025

Muthoot FinCorp Ltd, a leading gold loan financier, announced a Rs 290 crore fund-raising initiative through secured and redeemable non-convertible debentures (NCDs). The tranche VI NCD issue, open for subscription until July 17, 2025, offers flexible tenure options ranging from 24 to 72 months and various interest payout modes, with effective yields between 9.2% and 9.8% per annum.