Note: This stock study was published to our IHG group on 26th June
Muthoot Finance Limited is the flagship company of the Muthoot Group. This Kerala based group has a legacy of gold loan business for more than 125 years. The company has emerged as India’s largest gold financing company in terms of loan portfolio.
· Below are few factors about the company which showcases its pan India presence.
· Largest Gold financing company in terms of loan portfolio
· 26 States and Union Territories of India have our presence
· 4,300+ Strong branch network enabling us deeper penetration across India; over 70% of our branches are in under-served rural and semi-urban Indian market
· 80,000+ Customers are served every day; their satisfaction confirms repeat business
· 450,000+ Retail investor base across debenture and subordinated debt portfolio
· 131 Tonnes Gold jewellery kept as security as on 31st March, 2015.