Muthoot Capital Says Kerala Floods Will Impact 3% Of Loan Book

Kerala-based Muthoot Capital Services Ltd. said the flood in the state will impact only 3% of its loan book. The company’s exposure in the two districts that are worst-affected is about 8% of the overall Kerala books, Chief Operations Officer Madhu Alexiouse told BloombergQuint in an interaction. “That’s 2-3% of the company’s overall book.” Read more: https://goo.gl/ZUQW5R Subscribe to BloombergQuint on WhatsApp: https://goo.gl/NX4KDz