There Are Misconceptions About Gold Loan Biz: Muthoot Fin
  • Saba Ashraf
  • Jul 03 2013

Referring to the 30% drop in international gold prices, Muthoot Finance MD George Alexander Muthoot says, “Falling prices don’t mean people will abandon gold. We so not see a great impact on gold demand due to declining prices. We do not see risk to our business model, as the fascination for gold jewellery will not come down in India.”