George Alexander Muthoot affirms Muthoot Finance’s readiness for the RBI’s directive, ensuring seamless transitions to bank transfers for loans exceeding Rs 20,000. Compliance remains a key focus in the NBFC sector, with vigilance against non-compliant lenders. Muthoot says: Nobody is going anywhere because the customer will not get cash elsewhere. All NBFCs are the same way.”
Titan Q1 update: Business grows 41% as jewellery, watches sales gain pace
Titan’s consumer sector experienced a remarkable forty-one percent surge in the first quarter, driven by robust festival demand that significantly elevated sales in its jewellery