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CEO SADAF SAYEED
Muthoot Microfin plans to cut risk by bringing down group micro loan share to 60% by 2030, says CEO Sadaf SayeedMuthoot Microfin is shifting focus from unsecured loans to business diversification. The company aims to reduce its microfinance asset shar...- Muthoot Microfin grew 13% when the industry shrank 20%; CEO explains what's nextMuthoot Microfin defied industry decline, growing assets by over 13%. The company improved its loan repayment rates and reduced bad loans. ...
- Muthoot Microfin looks to buy company offering loan against propertyMuthoot Microfin is exploring inorganic growth by acquiring a majority stake in two non-banking financial companies. This move aims to expa...
- Microfinance companies fail to get budget-day wish, hope to bask in others' sunlightBudget 2026: The microfinance sector did not receive budget credit guarantee support. However, it anticipates that proposals aimed at incre...
- Quote of the Day by Warren Buffett on gold: 'Call me crazy, but I’ll take the farmland and the Exxon Mobils'Gold prices are reaching new peaks, driven by global uncertainty. Investors are turning to gold as a safe haven. Legendary investor Warren ...
- GST 2.0 to unleash consumption, cushion India's economy from US tariff headwinds: India IncIndustry leaders believe that GST rate rationalization will boost India's economic growth. They expect increased consumption and a cushion ...
- Q1 disbursement dip seen as temporary; Q2 growth expected with new loans : Sadaf Sayeed, Muthoot MicrofinMuthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN's guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot...
- Muthoot Microfin shares decline over 5% as Q1 PAT plummets over 94% YoYMuthoot Microfin posted a sharp 94.5% year-on-year (YoY) fall in its profit after tax (PAT) to Rs 6.2 crore in Q1FY26, compared to Rs 113.2...
- Rupee rises 13 paise to 85.66 against US dollar as RBI cuts policy rate by 50 bpsThe rupee pared initial losses and appreciated 13 paise in morning trade on Friday, after the Reserve Bank cut repo rate by a higher-than-e...
- Rural stress hit microfin show, it could improve in FY26: ExpertsRural households have increasingly prioritised essential expenses and secured loan repayments over microfinance obligations in recent month...
- Micro fin impacted by confluence of factors, last quarter of pain, say executivesMicrofinance loan delinquencies are rising due to political events, weather disruptions, and excessive lending. Rural households prioritize...
- Muthoot Microfin shares rally 14% after Q3 profit jumps 119% YoY"Our assets under management have grown 5% q-o-q and 39% y-o-y to Rs 114,581.37 million, with PAT soaring by 119% y-o-y to Rs 1,245.7million
- ETMarkets Management Talk | Muthoot Microfin CEO outlines expansion strategy beyond southern states as IPO opens"Our strategies include expanding our geographical footprint and taking our sourcing platform across India. As of September 2023, we have a...
- Looking for a job? These jobs are high in demand?In such an unpredictable scenario, employees are working harder, upskilling themselves and updating their knowledge through online courses....
- Luna investors’ wealth wiped out: What cryptocurrency investors should doLuna’s problems are rooted in the fall of its sister coin Terra. The algorithmic stable coin is supposed to maintain a one-to-one peg again...
- Muthoot Microfin added 37% more employees in pandemic period, disburses Rs 2,700 cr loan in FY21Muthoot Microfin has expanded its employee strength by 37 per cent during a period when retaining employees and maintaining salaries came a...
- Muthoot Microfin looking at listing in MarchKerala-based MPG started its microfinance business in 2010.
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