Coronavirus pandemic | Muthoot Finance to re-open all branches from April 20

The ministry of home affairs (MHA) on Friday had released a new list of activities that are exempted from the extended nationwide lockdown, including services offered by NBFCs and cooperative credit societies with minimum staff.

PTI

April 18, 2020 / 21:20 IST

Muthoot Finance

26 Aug, 2025 12:21

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Non-banking financial company Muthoot Finance on Saturday said it will re-open all its branches across the country from April 20 and will ensure safety for its customers.

The ministry of home affairs (MHA) on Friday had released a new list of activities that are exempted from the extended nationwide lockdown, including services offered by NBFCs and cooperative credit societies with minimum staff.

The company will re-open all its branches from April 20, resuming all services while ensuring maximum safety and precautions of its customers, Muthoot Finance said in a statement.

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Muthoot Finance in the statement said that as the government will strictly monitor red spots and orange spots, the company will oblige to the local orders of the cities they operate in.

COVID-19 Vaccine

Frequently Asked Questions

How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

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