The largest pure-play gold mortgage player , which has applied for banking licence, has announced it can easily launch commercial lending business with as many as 2,000 branches Many of its branches are in tier 2,3 & 4 towns and they can be immediately converted into a full-fledged bank branches. Muthoot said 4,200 branches, large existing customer base and strong brand image makes it an eligible candidate. This move of the financial company would bring in a fresh business for the signage companies dealing in in-shop displays, branding and other activities.
