Muthoot Microfin Plans Co-lending for Gold Loans

Muthoot Microfin, a company that gives small loans, is teaming up with its parent company, Muthoot Fincorp, to offer gold loans.

This means Muthoot Microfin will find customers who need loans, and Muthoot Fincorp will handle the gold used as collateral.

Muthoot Microfin is also offering new types of loans, such as loans against property and individual loans, to their customers.

The goal is to offer a wider range of financial products and services.