Latest News

Muthoot Microfin reaches 2 million active customers

Muthoot Microfin Ltd., the microfinance arm of the Muthoot Pappachan Group, on Wednesday said its active customer base has touched 2 million.The microfinance institution also said it clocked an asset under management of ₹6,000 crore in the fourth quarter of FY22. Muthoot Microfin aims at ₹10,000 crore AUM over the [...]
May 10, 2022

Muthoot Microfin to offer healthcare in rural India via e-clinics

Muthoot Microfin has collaborated with M-SWASTH to set up e-clinics at its branches to offer accessible and affordable healthcare facilities in rural India. The MFI has already launched 12 e-clinics across Kerala, Bihar, Jharkhand and Uttar Pradesh in the first phase. According to the WHO, all individuals and communities should [...]
May 10, 2022

Muthoot Microfin Ltd: Micro-Financing Indian Dream for a Better Future

At the beginning of the twentieth century, Mahatma Gandhi said, ‘the soul of India lives in its villages.’ Though the percentage of rural India came down from 89% to today’s 69%, it is safe to say that the real India still lives in its villages and semiurban population. And after [...]
May 10, 2022

Our aim is to provide financial support to disadvantaged women: Sadaf Sayeed, Muthoot Microfin

Most people associate the name ‘Muthoot’ with gold loan, as Muthoot Fincorp is one of the largest gold loan NBFC (Non Banking Financial Company) in the country. Apart from gold loan, Muthoot Fincorp is also involved in providing services like housing finance, personal loan, insurance, gold coin, money transfer, foreign [...]
May 10, 2022

Largest capital infusion took place after pandemic in microfinance industry

Speaking to ET NOW, Sadaf Sayeed, CEO, Muthoot Microfin informed that the largest capital infusion took place after the pandemic. Vote of confidence is on sustainable micro-finance institutions. The company is using capital to leverage, borrow more, and grow its business. He targets AUM Rs 6000 cr this year. Capital [...]
December 23, 2021
Muthoot Microfin