The company is a NBFC-MFI (non-banking finance company – micro finance institution) offering loan products, such as micro enterprise, small enterprise, consumer goods, festival, education and emergency loans, and focuses on the lending model of ‘self-help group’. Muthoot Finance owns a 66.13% stake in Belstar.
New senior citizens policy in the works after 25 years
India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs