Our Correspondent


: Muthoot Finance will launch innovative schemes in its gold loan segment.

The personal loan against gold security comes with a wide range of new futures and with the introduction of this, the customers could utilise the value of gold to realise their ambitions like high value purchases, higher education etc., said, Mr George Muthoot, Chairman, Muthoot Group.

The group will also introduce credit cards and enter into share trading utilising latest technology, said Mr George Alexander Muthoot, Managing Director of the group.

The annual all-India conference of the managers of the group will be held here on Thursday. A Rs 6,000-crore company, Muthoot Group has 14 business divisions and more than 550 offices all over the country with presence in over 14 States.

(This article was published in the Business Line print edition dated January 26, 2006)
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