Muthoot Fincorp Limited (MFL), incorporated on June 10, 1997, is a middle-layer NBFC registered with the RBI. MFL is one of the prominent gold loan players in the Indian market. They have been in the Gold loans business for over two decades and are headquartered in Kerala, India. The personal and business loans secured by gold jewellery and ornaments (“Gold loans”) offered by the Company are structured to serve the business and personal purposes of individuals who do not have ready or timely access to formal credit or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements. The Gold loan portfolio of the Company as of December 31, 2023, comprised approximately ₹31.38 lakh loan accounts. Other businesses include the Generation and sale of wind energy through its wind farms located in Tamil Nadu and the Real estate business through joint venture developers of the company-owned land parcels. MFL has 3 subsidiaries - Muthoot Housing Finance Company Limited (affordable housing loans), Muthoot Microfin Limited (micro-credit facility for aspiring women entrepreneurs) and Muthoot Pappachan Technologies Limited (IT services).