Moneycontrol
Mar 30, 2011 04:58 PM IST | Source: Moneycontrol.com

Muthoot group forays into home loans for low income group

The 20,000 crore Muthoot Pappachan Group (MPG) on Tuesday said it was getting into the home loan business, with a focus on low income clientele. Muthoot Housing Finance will operate as a 100% subsidiary of Muthoot Fincorp, a non-banking finance company (NBFC) of the Kerala-based group.

Muthoot group forays into home loans for low income group

The 20,000 crore  Muthoot Pappachan Group (MPG) on Tuesday said it was getting into the home loan business, with a focus on low income clientele. Muthoot Housing Finance will operate as a 100% subsidiary of Muthoot Fincorp, a non-banking finance company (NBFC) of the Kerala-based group.

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