Muthoot Finance lending arrangement with other Non-Banking Financial Company
Muthoot Finance, the Indian gold loan company, is looking to form co-lending partnerships with smaller non-banking finance companies (NBFCs) to counter competition from banks. If the plan succeeds, Muthoot Finance will be the dominant partner in co-lending due to its strong capital position with a capital adequacy ratio of 33.29% as of December 2022. However, […]
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