Kochi, 7th August 2017: Adding yet another feather in its cap, Muthoot Finance has won the prestigious Kerala Management Association (KMA) award at an event in Kerala recently.
The KMA award was for recognizing the CSR activities undertaken by Muthoot Finance in the year 2017. The award was presented by Ambassador, Dr. Deepak Vohra to Mr. C V Balasankar, GM- Credit & Operations, Muthoot Finance. Mr. Sujith. S, AGM – Administration was also present for the event.
On receiving the award Mr. C V Balasankar, GM- Credit & Operations, Muthoot Financesaid, “I am pleased to accept this prestigious award and would like to extend our utmost appreciation to KMA on behalf of Muthoot Finance. We are truly grateful and will continue to do our part in giving back to the society.”
About Muthoot Finance Ltd:
Muthoot Finance Limited is the largest gold financing company in India in terms of loan portfolio. The company is a ‘Systemically Important Non-deposit taking NBFC’ headquartered in the southern Indian state of Kerala.
Operating history of Muthoot Finance has evolved over a period of 76 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887.
The company provides personal and business loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements. Company is listed on both National Stock Exchange and BSE Ltd.