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3,178.19995 INR
76.75
2.36%
Last update Apr 2, 3:29 PM IST
Market closed
Day range
3,143.94995
3,197.44995
Previous close
3,254.94995
Open
3,160
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Muthoot Finance Ltd.
3,178.20
76.75
2.36%

Overview

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Description

Muthoot Finance Ltd. is a leading non-banking financial company (NBFC) in India, primarily engaged in providing personal and business finance solutions. The firm is renowned for its focus on gold financing, where it extends secured loans to customers against their gold ornaments. This service plays a vital role in providing quick liquidity to individuals and small businesses in need of immediate funds, especially in a country where gold is a favored investment and asset. Apart from gold loans, Muthoot Finance Ltd. also offers services such as money transfer, foreign exchange, insurance, and microfinance products, diversifying its financial offerings. The company operates a vast network of branches across India, making it accessible to a diverse customer base, including those in semi-urban and rural regions. Muthoot Finance Ltd. contributes significantly to financial inclusion, supporting the economic growth of smaller communities by making credit more accessible to underbanked segments of the population.

About

CEO
Employees
31565
Address
Near EMC
NH Bypass Palarivattom,Vennala, Ernakulam
Kochi, 682028
Phone
91 48 4239 4712
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XBOM
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