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How India learnt the real value of gold? Success story of Rs 50,000 crore Muthoot Finance

How India learnt the real value of gold? Success story of Rs 50,000 crore Muthoot Finance
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Muthoot Group: Kerala gold loan company's glitter marred by personal tragedies

Muthoot Group: Kerala gold loan company’s glitter marred by personal tragedies
© Jagyaseni Biswas
Muthoot Group: Kerala gold loan company’s glitter marred by personal tragedies
The business of offering loans using gold as collateral has mushroomed across the country in recent years. But nowhere has this business been as enmeshed in the social fabric of a people than in Kerala. And no company in Kerala has been so closely identified with this business than the Muthoot group.
Sample this: about 90 per cent of the contribution to the group’s consolidated loan assets is from Muthoot Finance, the flagship company that focusses on the gold loan business, according to its latest investor presentation. Around 90 per cent of the Muthoot Finance assets are in gold loans. ....

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Muthoot group chairman falls to death from fourth floor; police denies foul play

A probe was conducted into the matter and statements were recorded. ....

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Muthoot Finance chief MG George dies aged 71, falls to death from 4th floor of house in Delhi

The chairman of the Muthoot Finance company M G George Muthoot passed away on Friday evening after reportedly falling from the fourth floor of his house in Delhi. ....

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Muthoot group chairman MG George fell to death from 4th floor of home: Delhi Police denies any foul play

The Delhi Police on Saturday said that Muthoot Group chairman, MG George Muthoot, fell to death from the fourth floor of his house in Delhi’s East of Kailash. ....

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