George Alexander Muthoot, managing director, Muthoot Finance joins CNBC-TV18 to opine on the fluctuating price of gold and the way forward for his company as a result of the volatility in the supposed safe haven.
Below is the edited transcript of the interview. Also watch the accompanying video. Q: Gold price has been very volatile. If you can tell us how are you improving your risk margins and how are you handling this volatility?A: I think since gold price has gone up, our collaterals on the loans which we have given has become much stronger. That said, just because the gold price has gone up, it doesn
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