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Muthoot Finance to close 43 branches in Kerala

Tuesday, September 10, 2019, 4:37 PM

The tussle between Muthoot Finance and Centre of Indian Trade Union(CITU) in Kerala does not seem to be anywhere near an end, as the non-banking financial services company announced that it would shut 43 out of its 623-branches in the state as employees continued to protest. In an analyst call, MD of Muthoot Finance, George Alexander, said that the closure would not affect business.

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