10-10-2017, 04:13 PM
Muthoot Finance Ltd. is an Indian financial corporation. It is known as the largest gold funding company in the world. In addition to financing gold transactions, the company offers currency exchange services, money transfers, wealth management services, travel and tourism services and sells gold coins at Muthoot Finance Branches. The company's headquarters is located in Kerala, India, and operates more than 4,400 branches across the country. Outside India, Muthoot Finance is established in the UK, the US, and the United Arab Emirates. While the company falls under the umbrella of the Muthoot Group brand, its shares are traded on the Bombay Stock Exchange (BSE) and NSE. As of March 2012, revenues (after expenses) stood at over Rs. 23,000 crore ($ 4.2 billion). Muthoot Finance's target market includes small businesses, sellers, farmers, traders, SME business owners and salaried persons.