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.

March 30, 2011 / 16:58 IST

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.

first published: Mar 29, 2011 06:29 pm

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