In 1939, M. George Muthoot created a partnership firm named Muthoot M. George &amp; Brothers (MMG). MMG was a chit fund based out of Kozhencherry. In 1971, the firm was renamed as Muthoot Bankers, and started to finance loans using gold jewellery as collateral. In 2001, the company was renamed to Muthoot Finance. Muthoot Finance falls under the category of systemically important non-banking financial company (NBFC) of the RBI guidelines. As of March 2023, the promoters hold 73.35% of the equity stake in the company. Muthoot Finance Ltd is the Flagship Company of the group.

Muthoot Fincorp Limited is one of India's leading NBFCs, with a flagship company name of Muthoot Pappachan Group, also known as Muthoot Blue Group. It has more than 134+ years of heritage.

Indiabulls Commercial Credit Limited was incorporated on July 7, 2006, with the name Indiabulls Commercial Credit Limited. The name of the Company was changed to Indiabulls Infrastructure Credit Limited on January 21, 2009, and further changed to Indiabulls Commercial Credit Limited on March 12, &nbsp;2015. The Company is registered as a non-deposit accepting NBFC and is a 100% subsidiary of Indiabulls Housing Finance Limited

Navi Finserv Limited was originally incorporated in the year 2012 as Chaitanya Rural Intermediation Development Services Private Limited. The promoter, Navi Technologies Limited acquired control of the company in 2019, and officially renamed it to Navi Finserv Private Limited in 2020 and then changed to Navi Finserv Limited in 2022. It is classified as a systemically important NBFC.

IIFL Finance Limited is a Systemically Important Non-Banking Financial Company not accepting public deposits (“NBFC-ND-SI”) registered with the Reserve Bank of India (“the RBI”) and is primarily engaged in financing and related activities. IIFL Finance is primarily engaged in the gold finance business and has other subsidiaries for other lending products.

Cholamandalam Investment and Finance Company Limited (Chola) was incorporated in the year 1978 as the financial services arm of the Murugappa group, which has more than 122 years of existence. The Chennai based company is categorised as an “Upper Layer” NBFC-ICC (Investment and Credit Company).

Previously known as Edelweiss Capital Limited, Edelweiss Financial Services Limited (“EFSL”) was incorporated in 1995 by Mr. Rashesh Shah and Mr. Venkat Ramaswamy. Edelweiss Capital Limited started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011. EFSL is the parent company of the Edelweiss Group. EFSL is promoted by Mr. Rashesh Shah and Mr. Venkatchalam Ramaswamy holds 15.44% and 6.16% of equity respectively.

Keertana Finserv Private Limited (“Keertana”), a non-deposit taking NBFC. The company largely focuses on gold loans and MSME loans targeting the low income and middle-income households in rural areas, recently also started group loans (Microfinance)

All you know about Government Bonds India. Learn Government Bonds India ✓ Definition ✓ Types ✓ Advantages ✓ Disadvantages ✓ Who Should Invest ✓ FAQs

Government Bonds India: Types, Advantages and Disadvantages | Wint Wealth

A government bond is issued by the government to borrow funds from the general public. When you buy a bond, you lend money to the government and, in return, you are paid periodic interest payments as per a pre-decided coupon rate. At maturity, you can redeem the principal amount, also called the “face value” of the bond. It is possible that the bond is issued at a discount to the face value.&nbsp;

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