HNIs turning to gold loans to meet emergency requirements

An increasing gold price is driving this demand. A higher price means a greater amount of credit available to the customer, Muthoot Finance managing director George Alexander Muthoot said. For the Kerala-based NBFC, HNIs account for nearly 12% of its customers.

HNIs turning to gold loans to meet emergency requirements
An increasing gold price is driving this demand. A higher price means a greater amount of credit available to the customer, Muthoot Finance managing director George Alexander Muthoot said. For the Kerala-based NBFC, HNIs account for nearly 12% of its customers.