Latest Updates Around The World
Muthoot Microfin expects to sustain a monthly loan disbursement of ₹1,000 crore through the fourth quarter of FY26 and beyond, against a monthly average of around ₹830 crore in the third quarter, even as its portfolio diversification efforts gain momentum, said MD and CEO Sadaf Sayeed. He noted that the NBFC-MFI (Non-Banking Finance Company – […]
Muthoot Microfin plans to raise Rs 450 crore in bonds over the next two months, the company said on Thursday. The company will target high-net-worth individuals for placing the bonds on a private placement basis, said CEO Sadaf Sayeed. The bonds are priced between 9.70% and 9.95% per year. Muthoot Microfin to raise Rs 450 […]
Muthoot Microfin is planning to take on co-loans for golden loans with his older Muthoot Fincorp as part of his strategy to diversify his loan book. The Tie-Up means that Muthoot Microfin has the loan from the MFI customers, and Muthoot Fincorp endorsed the loan and storing the yellow metal. While Muthoot Microfin, an NBFC-MFI […]
