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Muthoot Finance Ltd ( (IN:MUTHOOTFIN) ) has provided an announcement.
Muthoot Finance Ltd has announced a new mandate for a USD-denominated senior secured bond offering under its Global Medium Term Note Programme. The proceeds from this bond issuance will be utilized for onward lending and other activities in compliance with the ECB Guidelines, reflecting the company’s strategic move to bolster its financial resources and enhance its lending capabilities.
More about Muthoot Finance Ltd
Muthoot Finance Ltd is a financial services company listed on BSE and NSE, primarily engaged in providing loans against gold. The company operates within the financial sector, focusing on lending services, and is a significant player in the Indian market.
Average Trading Volume: 30,781
Technical Sentiment Signal: Buy
Current Market Cap: 1074.9B INR
For a thorough assessment of MUTHOOTFIN stock, go to TipRanks’ Stock Analysis page.