Easy access to gold loans forms the I core business of Muthoottu Mini Financiers, an NBFC founded by the visionary M. Mathew Muthoottu in 1921. Muthoottu Mini has stayed true to its vision to fuel a common man's dream and has grown as a larger financing enterprise with an impeccable loan portfolio spread across several states.
Mathew Muthoottu, who took over from his father Roy M. Mathew in 2016, is the 4th generation front runner of the Muthoottu family and is an enthusiastic leader carrying the legacy above and beyond to create a brand identity as Yellow Muthoottu. The company has a network of 840+ branches spread across the nation.
Mehul Dani: Is the company using influencer marketing? For how long?
Kiran James: Muthoottu Mini has been leveraging the power of nano and micro influencers from time to time, basis campaign objective and media mix. We engage the influencer community mostly for the branding initiatives as it suits the objective well and builds on the brand story through personal experience, journey and broad thoughts of the campaign.
Which customer segments are you targeting? Which products categories?
We are primarily engaged in the business of gold loan and have been part of the dreams and aspirations of our target group for over a century. We primarily are looking for audiences who are looking for quick loans, micro loans, education loans and medical emergency loans among others as our key segments.
Share some details about the influencer partners.
We engage the influencer community through digital marketing partners, who ensure the brand ethos and safety is taken care while engaging and generate maximum return on investment (ROI).
Which social media platforms is the company focusing upon?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
It's a bank and a brokerage - FinecoBank
FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:
A model for cloud adoption - Zurich Cantonal Bank
The bank is had opted for cloud to offer better service to its customers:
RBI Governor urges NBFCs to adhere to fair practices code
The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.
Automated, Adaptive, Al-enabled Architecture is a must
Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:
Fraudsters too gain ground as real-time payment systems grow
There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.
Fino sparkles with technology & brand upshift
Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.
Savington Upshifts: 48% Faster, Churn down 31%
Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.
Zoroastrian Bank: Multiple awards for being the Best
Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.