MoneyWorks4Me

Muthoot Finance gets green signal from RBI to open 150 new branches

04 Jul 2022 Evaluate

Muthoot Finance has received permission from The Reserve Bank of India (RBI) for opening 150 new branches. The company now has more than 5000 Pan-India branches.

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.

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