Muthoot Finance Ltd. is an Indian financial corporation. It is known as the largest gold financing company in the world. Outside India, Muthoot Finance is established in the UK, the US, and the United Arab Emirates.
While the company falls under the brand umbrella of the Muthoot Group, its stocks are listed on the Bombay Stock Exchange (BSE) and NSE. The target market of Muthoot Finance includes small businesses, vendors, farmers, traders, SME business owners, and salaried individuals.
- Founder of Muthoot:
M George Muthoot
Company offers gold financing, foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins at Muthoot Finance Branches.
- Establishment Year:
Incorporated in 1939
- Head Office:
- No. of Employees:
- No of Branches:
Rs. 23,000 crore ($4.2 billion) in March 2012.
- No. of Clients:
6 Million Customers
Retail loan assets stand at Rs. 23,763 Crs. the total number of shares of Muthoot Finance held by Individuals/Hindu Undivided Family stood at 80.12 percent and the public shareholdings from Mutual Funds/UTI totaled 3.52 percent.
- Official Website