Durg is small a city in the Indian state of Chhattisgarh. It functions as the headquarters of the Durg District. The city is a part of the Durg-Bhilai urban agglomeration. The Shivnath River flows through this city. The city of Durg has a population of more than 2 lakh residents and Hindi is the most commonly used language in the area. It is a hub for Chhattisgarh?s industrial development by meaningfully using its resources. Durg is known for its cultural competency and social harmony. The is a Jain shrine in the Nagpura area, the Chandi Mandir and Maitri Garden are places worth visiting in this city.
Muthoot Finance Ltd. is known as one the large gold financing company in the world. The company also offers other services a part from gold financing such as , money transfers, wealth management services,foreign exchange , travel and tourism and selling of gold coins at branches of Muthoot Finance Ltd. The headquarters of the company is located in Kerala, India, and it operates over 4,400 branches across India. Overseas, It has established its office in the UK, the US, and the UAE. The stocks of the company are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange, while the company comes under the brand umbrella of the Muthoot Group. The target market of Muthoot Finance consists of small businesses, SME business owners, vendors, farmers, traders, and salaried individuals. In 1939, M George Muthoot founded Muthoot Finance. The Reserve Bank of India has licensed Moothot Finance company under Companies act of 1956 to operate as NBFC without taking public deposits, and it is liberated from Money Lenders Acts provisions in Karnataka and other states. The gold loan business of the company constitutes more than 99% of its total revenue.