Muthoot Microfin expects 25-30% growth in loan disbursals this fiscal
MUMBAI: The third largest microlender Muthoot Microfin expects to disburse 25-30 per cent more loans this fiscal, taking its assets to around Rs 12,000 crore.
The Kerala-based firm, promoted by the diversified Muthoot Pappachen Group that’s more known for its flagship gold loan business, closed FY23 with a loan book of Rs 9,209 crore and a likely net income of Rs 200 crore.