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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...
- Muthoot Microfin to raise Rs 450 crore in high-yield bonds over two monthsMuthoot Microfin will raise Rs 450 crore through privately placed bonds aimed at high net worth investors over the next two months. The thr...
- 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 secures $15 million from Triple Jump, nears $35 million deal with BlueOrchardMuthoot Microfin has finalised a deal with Dutch development finance institution Triple Jump to raise $15 million in non-convertible debent...
- Muthoot Microfin in talks with European investors to raise $50 millionMuthoot Microfin is in advanced talks with European investors to secure $50 million in external commercial borrowing, aiming to lower costs...
- Muthoot Microfin Q1 Results: Net profit rises 18% YoY to Rs 113 croreThe lender's total income grew 33.5% at Rs 641 crore. Pre-provision operating profit was 50.4% higher at Rs 223 crore.
- Muthoot Microfin reduces lending rate by 35 bpsMuthoot Microfin reduced micro loan rates by 35 basis points to 23.3%, following a 55 basis point cut in January. CEO Sadaf Sayeed cited co...
- SBI and Muthoot Microfin join forces to support women entrepreneursMuthoot Microfin partners with State Bank of India to provide financial services to women in rural and semi-urban areas. The co-lending ini...
- Muthoot Microfin looking to raise $50 million in ECBMuthoot Microfin, headquartered in Ernakulam and part of the Muthoot Pappachan group, aims to secure $50 million through external commercia...
- Muthoot Microfin Q4 Results: Profit jumps 27% to Rs 120 croreMuthoot Microfin Q4 Results: The non-banking financial company-micro finance institution (NBFC-MFI), which is a part of the Kerala-based Mu...
- Muthoot Microfin secures $75 million external commercial borrowing for diversified fundingThe loan is raised for three years and three months tenure and benchmarked to a three-month term SOFR (Secured Overnight Financing Rate) wi...
- Muthoot Microfin announces foray in TelanganaMuthoot Microfin, a part of Muthoot Pappachan Group, provides financial assistance through income-generating microloans to women engaged in...
- Muthoot Microfin expands into Telangana, plans entry into Andhra Pradesh by JuneMuthoot Microfin, a Kerala-based NBFC-MFI, is expanding its operations in Telangana and planning to enter Andhra Pradesh by June. The compa...
- Muthoot Microfin Q4 net profit nearly doubles to Rs 102 croreThe asset quality of the lender improved in line with the sectoral trend with its gross non-performing assets ratio falling to 2.9% at the ...
- Muthoot Pappachan Group plans Rs 1,800-cr IPO for MFI armThe company is planning to raise Rs 1,200 crore of primary capital, and there can be a small offer for sale by the external investors, but ...
- Muthoot Microfin to raise $25 million from Swiss investor ResponsAbilityThe first tranche of $15 million was executed on October 15 after receiving regulatory approval while the balance of $10 million is schedul...
- Muthoot Microfin raises Rs 562 crore via securitisationWith this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed Rs 1,300 crore during the first nin...
- Muthoot Microfin to divest 15% stake for 150 croreMuthoot Pappachen Group firm Muthoot Microfin said it is looking to divest up to 15 per cent stake to an overseas private equity firm for a...
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