Platinum group metals (PGMs) are predominant in homogeneous catalysis because of their high activity, stability, and versatility. They can activate various bonds and form stable complexes with different ligands. They can also catalyze a wide range of reactions such as hydrogenation, oxidation, coupling, cyclization, polymerization and asymmetric synthesis. They can also exhibit multiple oxidation states and redox behavior that can facilitate catalytic cycles. Table highlights some of the significant reactions that PGMs are used as catalysts.