Muthoot Finance is planning to grow its personal loan book size to the tune of Rs 750-1000 crore in the current financial year 2019-20 as it readies to scale up its business beyond the southern states riding on increased demand for credit across low-to-medium income households.
Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.
