Muthoot Finance Sees Festive Gold Loan Surge Matching Last Year | George Alexander Muthoot | ET Now #ETNOW
Muthoot Finance Sees Festive Gold Loan Surge Matching Last Year | George Alexander Muthoot | ET Now
Muthoot Finance reports robust gold loan demand during Onam, matching last year, with strong North Indian festive uptick. GST boosts purchasing power, sustaining originations. LTV at 58% cushions gold price volatility. Non-gold segments like housing (₹3,000 Cr AUM, targeting ₹4,000 Cr) and Belstar microfinance (stabilizing at ₹8,000 Cr, adding gold loans) grow steadily.
#muthootfinance #goldloans #festiveseason #onamdemand #gstimpact #microfinance #housingfinance #belstar #financialgrowth #stockmarket #etnow
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