Latest News

Muthoot Microfin Limited: Promoting Women Entrepreneurship and inclusive Growth

Muthoot Microfin is one of the organizations which showed extraordinary resilience throughout the Covid-19 pandemic. However, the pandemic did create an inevitable halt on its operations and lending activities, which is to offer simple financial products to the Bottom of Pyramid sections of the society. Mr Sadaf Sayeed, CEO of [...]
November 5, 2021

How is the interest rate cap going to shape up the microfinance sector?

Liberalising of pricing cap will encourage financial inclusion, earlier in difficult territories where cost of operation is high or risk is high, MFIs were reluctant to operate due to their inability to price loans as per their risks and costs. Now with new proposed pricing regime, a risk-based pricing can [...]
November 5, 2021

Muthoot Microfin plans to raise Rs 350 crore via share sale

Muthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfinance arm of Muthoot Pappachan Group is also looking to raise Rs 100 crore from Tier-II bonds. "We are looking to garner USD 50 million or about Rs [...]
April 25, 2021

Muthoot Microfin increases its headcount by 37%, plans to hire 1,500 people

During the pandemic-hit period, the company hired more than 2,300 employees as it opened as many as 64 new offices across different parts of the country, according to a statement. Microfinance company Muthoot Microfin has expanded its employee strength by 37 per cent during the FY 2020-’21 when retaining employees [...]
April 23, 2021

Making An Organisation “A Great Place To Work”

Based on a rigorous evaluation, the Great Place To Work Institute recognised Muthoot Microfin among the top 30 organizations. The company excelled both on people practices designed for employees and the employee feedback on creating a High Trust Culture. For Muthoot Microfin (MML), one of the leading microfinance companies in [...]
April 22, 2021
Muthoot Microfin