Muthoot Finance on Monday reported 29 per cent growth in net profit at Rs 246 crore during the first quarter ended June 30.
Total income grew by 41 per cent at Rs 1,294 crore, retail loan assets under management decreased by Rs 1,337 crore to Rs 23,336 crore, a decline of five per cent.
The RBI restrictions in March this year with regard to the maximum loan that could be given against the value of the gold jewellery pledged did create concern, he said.
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