Muthoot group maintains profitable growth with juniper networks

World's Largest Gold Loan Firm Streamlines Operations With Scalable and Robust Data Center and Branch Office Network.

 BANGALORE, INDIA--(Marketwired - May 31, 2013) - Juniper Networks (NYSE: JNPR), the industry leader in network innovation, has been selected by Muthoot Group, the world's largest gold loan firm, as its strategic network partner. Muthoot Group has deployed Juniper Networks® SRX Series Services Gateways and EX Series Ethernet Switches at its data centers and branch offices across India.

Muthoot Group, India's largest gold loan corporation with 4,200+ branches, has been facing stiff competition within its market segment. To address the dual challenge of maintaining profitable growth while remaining competitive, the company has developed a customized core banking application to streamline the delivery of standardized service offerings across thousands of branch offices via a robust and secure IP network.

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