Muthoot Finance, India’s largest jewelery loan servicer, has been declared a top tier non-bank financial institution by RBI.
RBI has recently published a list of non-banking financial institutions in the country.
Muthoot Finance is one of the 16 companies included in it.
During a press conference held in Kochi, the Joint Managing Director of Muthoot Finance, George M. Jars said:
RBI has honored our company by making it to the list of non-banking financial institutions that have lost the upper division. This will help us to expand our activities further,” he said.
