The country's largest gold loan company in terms of loan portfolio expects a 10 per cent business growth in current fiscal, George Alexander Muthoot, Managing Director, Muthoot Finance, said.
George A Muthoot, MD, Muthoot Finance said the unorganized sector had taken market share away from the organized players after the RBI had capped the LTV at 60 percent last year.
In an interview to CNBC-TV18, Muthoot says that the company has been working on reducing it yields that led to a low income figure.