Home Business Muthoot Finance expects gold loan portfolio to grow 15-20% in 2020-21: Managing Director

Muthoot Finance expects gold loan portfolio to grow 15-20% in 2020-21: Managing Director

by Economic Times
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​​As gold prices are currently ruling high, the collateral is becoming more valuable, Managing Director George Alexander Muthoot said adding that now, people can borrow more money out of the same holding and as a lot of publicity is going around gold and gold prices, more and more people are inclined to take gold loan.

This Muthoot Finance expects gold loan portfolio to grow 15-20% in 2020-21: Managing Director was originally published on https://economictimes.indiatimes.com/industry/banking/finance/muthoot-finance-expects-gold-loan-portfolio-to-grow-15-20-in-2020-21-managing-director/articleshow/77066168.cms

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