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LiveMint - Companies 52d ago
Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech
Muthoot FinCorp has approved a ₹4,000 crore IPO as it repositions itself from a gold-loan lender into a financial services company. The pitch hinges on whether investors will reward a firm that wants fintech-style scale but is unwilling to take fintech-style credit risks.
JMFINANCILMANCREDITPOLICYBZRTAKEUYFINCORPFinancial ServicesHealthcare