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.”
Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stake
Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with HDFC Life acquiring the entire