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Muthoot, Geojit launch share trading
CHENNAI: The Muthoot Group, one of the non-banking financial companies, has entered into an agreement with Geojit Financial Service Ltd. to launch share trading. The tie-up enables customers of Muthoot Group to avail themselves of the services of Geojit Financial Services at the premises of the former. The Muthoot Group has formed Muthoot Securities Pvt Ltd to undertake the new venture. George Alexander Muthoot, Managing Director, Muthoot Group, said the services rolled out in Mandavali branch of the Muthoot Group in Chennai would be extended to other parts of Tamil Nadu and the rest of the country during the course of the time.
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