Indian gold-loan financier Muthoot Finance’s profit doubles on strong loan growth
BENGALURU, May 14 (Reuters) – India’s Muthoot Finance on Thursday reported a doubling in fourth-quarter profit, driven by strong growth in its gold-loan portfolio. • The country’s largest gold loan financier posted a 105% jump in net profit to 30.86 billion rupees ($322.26 million) for the quarter ended March 31 • Its standalone gold loan…
