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MUTHOOT MICROFIN CEO
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. ...
- Enabling sustainable and inclusive growth: Standard Chartered’s strategic commitment to India’s ambitious agendaStandard Chartered has mobilised over USD1 billion for India's microfinance and NBFC sectors. P.D. Singh, CEO for India and South Asia, exp...
- 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...
- 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...
- Cos hail RBI move to exempt small-ticket gold loans from stringent appraisal requirementsThe Reserve Bank of India's decision to ease appraisal norms for small gold loans is set to improve credit access, according to gold loan c...
- 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...
- Microfinance isn't small, it's mightyIndia's microfinance industry, crucial for financial inclusion and rural development, has grown despite challenges like demonetisation and ...
- Stocks in news: Hero MotoCorp, ICICI Bank, ITC, PB Fintech, Tata Chemicals, Indian OilBenchmark indices show positive momentum for the second consecutive day with lower volatility compared to the results day. Hero MotoCorp, I...
- 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...
- ETMarkets Management Talk | Gold loans are smart loans due to faster processing, flexible repayment options: Muthoot Finance MD"As we continue to prioritize both loan disbursement and the endeavor to recover loans, we are optimistic regarding maintaining our Net Int...
- 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...
- Lenders consider taking control of fraud-hit Sambandh FinserveMore than 30 lenders have a collective exposure of about Rs 400 crore to the company, which started defaulting since the beginning of this ...
- Muthoot Microfin looking at listing in MarchKerala-based MPG started its microfinance business in 2010.
- Muthoot Group's precious metal division to open 20 gold point centres by FY 2017Muthoot Exim, the precious metals division of Muthoot Pappachan Group, plans to open 20 Muthoot Gold Points across the country by FY17.
- Strict RBI norms prompt gold loan companies to offer new productsThe strict regulatory norms announced by the RBI have prompted gold loan companies to diversify their product offering.
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