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NTPC Graduate Tier 1 2025 Shift-1 📅 06 May, 2025

In February 2025, Muthoot Finance has received RBI approval to open how many new branches across India, strengthening its presence in the gold loan market?

A
115
B
110
C
120
D
125
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 06 May, 2025 • Shift-1
In February 2025, Muthoot Finance has received RBI approval to open how many new branches across India, strengthening its presence in the gold loan market?
Correct Answer
115
Regulatory Action: The Reserve Bank of India continuously monitors and authorizes the expansion of non-banking financial companies (NBFCs).Market Expansion: To ......
Ref/Book : NTPC Graduate Tier 1 2025
Ref. Subject Economy
Chapter -
Ref. Topic Banking Current Affairs
Pg. No -
💡 Analysis & Explanation
Regulatory Action ▼
The Reserve Bank of India continuously monitors and authorizes the expansion of non-banking financial companies (NBFCs).
Market Expansion ▼
To bolster its stronghold in the rapidly growing gold loan sector, Muthoot Finance formally petitioned for extensive network expansion early in the year.
Official Mandate ▼
According to the specific approvals granted in February 2025, the institution was greenlit to launch exactly 115 new operational hubs nationwide.
Conclusion ▼
The sanctioned number of new branches is 115.
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