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muthoot fincorp ltd.
Information by Research TrustFinance
Muthoot Fincorp Limited is the flagship company of the Muthoot Pappachan Group (MPG), a diversified conglomerate with a family legacy of over 135 years. As a systemically important, non-deposit-taking NBFC registered with the Reserve Bank of India (RBI), the company's core business is providing personal and business loans secured by gold ornaments. Its mission is to offer accessible and timely credit solutions to the common person, particularly in unbanked and underbanked areas of India. Beyond gold loans, the company has diversified its portfolio to include MSME loans, foreign exchange services, money transfers, and insurance products.
India
Industry
Financial