Financial services provider, Muthoot Fincorp is aiming for a branch expansion spree in order to increase its presence to customers.
The company has recently set up five branches in Jaipur, the capital of Rajasthan.
With these branches, the company happens to mark its entrance into the state.
It has further plans to take the branch count in the state to 50 by setting up branches in cities like Jaipur, Alwar, Beaver, Barmer, Kota, Ajmer, Jodhpur, Udaipur, Pali and Bikaner, said CMD of Muthoot Fincorp, Mr Thomas John Muthoot.
He finds Rajasthan to be turning to be a lead state in terms of availing gold loans in time to come.
"We will have 2,000 branches across the country by March 2012, he said.