Budget 2024: Gold loan NBFCs need 'Priority Sector' status: Muthoot Finance MD
Granting priority sector status to gold loan NBFCs will drive financial inclusion for small borrowers.
Granting priority sector status to gold loan NBFCs will drive financial inclusion for small borrowers.
Muthoot Finance generally caters to small businessmen, shopkeepers, small traders, among others, and expects demand from them as the economy picks up.