Muthoot enters housing finance | business | Hindustan Times
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Muthoot enters housing finance

business Updated: Mar 29, 2011 21:42 IST
HT Correspondent

Kerala-based Muthoot Fincorp, the flagship company of the Muthoot Pappachan Group, on Tuesday announced its foray into housing finance after getting a licence from the National Housing Bank.

The group will invest around Rs 100 crore over the next two years in this venture and will primarily target the low- and middle-income segment, and aims to disburse small-ticket loans.