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Latest news about Muthoot Microfin

Muthoot Microfin Issues Corrigendum for Non-Convertible Debentures Worth Rs 450 Crores 7 days ago

Muthoot Microfin has approved the issuance of Non-Convertible Debentures (NCDs) worth Rs 450 crores through private placement. The NCDs will be issued in multiple series and tranches with face values of Rs 10,000 and Rs 1,00,000, offering interest rates between 9.70% to 9.95% per annum. The company's total assets stand at Rs 10,857.00 crores, with current assets at Rs 1,446.10 crores. Despite a slight year-on-year decrease in total assets and shareholders' capital, Muthoot Microfin maintains a strong financial structure with a reserve and surplus of Rs 2,464.60 crores.

Muthoot Microfin Reports Strong Q2 Performance with 28% Disbursement Growth and Declining Credit Costs Nov 12, 2025

Muthoot Microfin Secures ₹150 Crore Through NCD Issuance Nov 11, 2025

Muthoot Microfin Reports Q2 Results with 28% QoQ Disbursement Growth Nov 05, 2025

Muthoot Microfin Allots Rs 750 Crore Non-Convertible Debentures Nov 04, 2025

More news about Muthoot Microfin

29Oct 25

Muthoot Microfin Raises ₹375 Crore Through Debenture Issuance

Muthoot Microfin has successfully raised ₹375 crore through two tranches of non-convertible debentures (NCDs). The first tranche of ₹125 crore consists of 12,500 debentures with a 24-month tenure and 9.80% annual interest. The second tranche of ₹250 crore is divided into two series: Series I with ₹75 crore (plus ₹25 crore green-shoe option) at 9.90% interest for 24 months, and Series II with ₹75 crore (plus ₹75 crore green-shoe option) at 10.00% interest for 36 months. Both tranches are secured, rated, and listed on BSE Limited. This capital raise aims to strengthen Muthoot Microfin's lending capabilities and support its growth in the microfinance sector.

27Oct 25

Muthoot Microfin Eyes Rs 375-Crore Private Bond Issue to HNIs

Muthoot Microfin, a Kerala-based NBFC-MFI, is preparing to issue Rs 375 crore worth of non-convertible debentures (NCDs) through private placement to high net worth individuals. The NCDs will offer a 9.5% coupon rate. This move follows a recent $15 million fundraise from Blue Orchard and is part of the company's strategy to diversify funding sources. Muthoot Microfin is also considering a $35 million external commercial borrowing later in the fiscal year. The company aims to maintain an annual fundraising plan of Rs 1,500 crore and currently manages assets of Rs 12,253 crore. CareEdge Global has assigned a 'BB-/stable' rating to Muthoot Microfin's ECB.

24Oct 25

Muthoot Microfin to Consider NCD Issuance for Fundraising on October 29

Muthoot Microfin Limited (MML) has announced plans to explore fundraising through Non-Convertible Debentures (NCDs) on a private placement basis. The company's Debenture Issue and Allotment Committee will meet on October 29, 2025, to consider and approve this initiative. MML, a leading microfinance institution in India, reported an Assets Under Management of Rs 12,253.00 crore as of June 30, 2025, with 1,726 branches across 20 states. The company's Q1 FY2026 financial results showed a net profit of Rs 6.00 crore and a Gross NPA of 4.90%.

23Oct 25

CareEdge Global Assigns 'BB-/Stable' Rating to Muthoot Microfin's $50 Million ECB Program

Muthoot Microfin Limited (MML) has been assigned a 'CareEdge BB-/Stable' rating by CareEdge Global for its $50 million external commercial borrowing program. The rating covers both the existing $15 million and proposed $35 million ECB. MML's strengths include established market position, comfortable capitalization, and diversified resource profile. However, the company faces challenges with asset quality concerns and vulnerability to economic shocks. MML reported an AUM of Rs 12,253.00 crore as of June 30, 2023, and showed signs of recovery with a net profit of Rs 6.00 crore in Q1 FY24.

10Oct 25

ED Questions Muthoot Group MD in Money Laundering Case Linked to Investor Fraud

The Enforcement Directorate (ED) has questioned George Alexander Muthoot, managing director of Muthoot Group, in connection with a money-laundering case. The case, filed under the Prevention of Money Laundering Act, is based on FIRs lodged by Kerala Police. Allegations include branch managers promising high returns on fixed deposits and non-convertible debentures, and funds being diverted to Srei Equipment Finance Limited, falsely presented as a Muthoot Group sister concern. Investors reportedly faced non-repayment of funds upon maturity.

09Oct 25

Muthoot Microfin Secures $15 Million Through Private Bond Placement

Muthoot Microfin has successfully raised $15 million through a private bond placement. The company issued 1,500 Secured, Rated, Listed, Redeemable USD-denominated Bonds with a face value of $10,000 each. The bonds have a 36-month tenure, maturing on October 09, 2028, with an interest rate of 6 Months SOFR + 275 Bps, payable semi-annually. The bonds are secured by a first-ranking charge on certain identified receivables and portfolio loans, with a security cover of 1.05 times the outstanding principal and accrued interest.

26Sept 25

Crisil Upgrades Muthoot Microfin's Outlook to Positive, Reaffirms A+ Rating

Crisil Ratings has upgraded Muthoot Microfin Limited's (MML) long-term rating outlook to 'Positive' from 'Stable', while reaffirming its 'A+' rating. The upgrade is based on improved collections, strong provision coverage, stable asset quality, adequate capitalization, and a diversified resource profile. MML's assets under management slightly decreased to Rs 12,253.00 crore in June. The company is considering fundraising through Non-Convertible Debentures on a private placement basis.

26Sept 25

Muthoot Microfin to Consider Non-Convertible Debentures Issuance in Upcoming Committee Meeting

Muthoot Microfin Limited has scheduled a Debenture Issue and Allotment Committee meeting for October 3, 2025, to consider fundraising through Non-Convertible Debentures (NCDs) on a private placement basis. This announcement follows CRISIL Ratings' revision of the company's long-term credit facilities outlook from 'Stable' to 'Positive', while reaffirming its 'CRISIL A+/Positive' long-term rating.

23Sept 25

Muthoot Microfin Raises ₹50 Crore Through Non-Convertible Debentures

Muthoot Microfin Limited has successfully raised ₹50 crore through a private placement of non-convertible debentures (NCDs). The company allotted 5,000 NCDs, each with a face value of ₹1,00,000. The NCDs carry an interest rate of 9.80% per annum, payable monthly, with a tenure of 36 months and maturity date of September 23, 2028. The issue includes a green shoe option for an additional ₹20 crore. The debentures are secured by a first ranking charge of 1.10x over receivables and will be listed on BSE Limited. This fundraising demonstrates Muthoot Microfin's ability to attract institutional investors and diversify its funding sources, potentially supporting its growth in the microfinance sector.

17Sept 25

Muthoot Microfin Approves ₹75 Crore Non-Convertible Debenture Issuance

Muthoot Microfin Limited has approved the issuance of non-convertible debentures (NCDs) to raise up to ₹75 crore, with an additional green shoe option of ₹45 crore. The company will issue up to 7,500 listed, rated, senior, secured, transferable, and redeemable NCDs with a face value of ₹1,00,000 each. The debentures have a 36-month tenure, a 9.80% per annum coupon rate payable monthly, and will be listed on BSE Limited. The principal amount will be secured by a first ranking exclusive charge of 1.10 times over the company's receivables.

12Sept 25

Muthoot Microfin Raises ₹100 Crore Through Non-Convertible Debentures, Schedules Meeting for Further Issuance

Muthoot Microfin has successfully raised ₹100 crore by allotting 1,00,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each on a private placement basis. The NCDs are listed, rated, senior, secured, transferable, and redeemable. The allotment was approved on September 12, 2023, by the company's Debenture Issue and Allotment Committee. Additionally, Muthoot Microfin has scheduled another committee meeting on September 17, 2023, to consider further fund raising through additional NCD issuance.

03Sept 25

Muthoot Microfin Secures $15 Million Bond and ₹150 Crore NCD Private Placement

Muthoot Microfin has approved a private placement of USD 15 million bonds and ₹150 crore non-convertible debentures (NCDs). The USD bonds, with a 36-month tenure, offer a coupon rate of 6 Month CME Term SOFR + 275 bps. The NCDs are issued in two tranches: ₹50 crore with a 24-month tenure and ₹100 crore also with a 24-month tenure, both offering a 9.80% annual coupon rate. This multi-faceted debt raising exercise strengthens Muthoot Microfin's liquidity position and demonstrates investor confidence in the company.

29Aug 25

Muthoot Microfin to Raise Funds via Private Placement of Non-Convertible Debentures

Muthoot Microfin Limited has announced plans to raise funds through non-convertible debentures (NCDs) via private placement. The company has scheduled a board meeting for September 3 to consider and approve this fund-raising initiative. This announcement, made in compliance with SEBI regulations, could potentially impact the company's capital structure, debt profile, and market position in the microfinance sector.

19Aug 25

Muthoot Microfin Reports INR 8 Crore Profit in Q1, Launches Three New Product Lines

Muthoot Microfin reported a profit of INR 8.00 crores for Q1 FY24, marking a turnaround. The company's AUM stood at INR 12,252.00 crores with disbursements of INR 1,775.00 crores. Net Interest Margin improved to 11.50%, while cost of funds decreased to 10.79%. The company launched three new product lines: Micro LAP, Gold Loans, and Individual Loans. Monthly disbursements are expected to increase to INR 800.00-850.00 crores by Q2 end. Collection efficiency has improved to 99.20% - 99.30% for ex-bucket collections. The company raised INR 1,450.00 crores during the quarter and has over INR 2,000.00 crores of liquidity available.

13Aug 25

Muthoot Microfin Reports Q1 Disbursement Decline, Expects Q2 Recovery with New Product Launch

Muthoot Microfin experienced a 9.40% decline in Q1 loan disbursements, totaling 175.00 crores to 311,000 borrowers. The company attributes this to seasonal factors and new industry guardrails. Collection efficiency improved to 93.00% company-wide, with Karnataka recovering to 87.00%. The company is introducing three new product verticals: Micro-LAP, individual loans up to 5.00 lakh rupees, and gold loans. Muthoot Microfin plans to leverage its existing customer base for cross-selling these products and expects significant improvement in Q2 based on July trends.

11Aug 25

Muthoot Microfin Reports Modest Q1 Performance Amid Sector Challenges

Muthoot Microfin Limited announced its Q1 financial results, showing a total income of Rs. 559.10 crore and a Profit After Tax of Rs. 6.20 crore. The company's Gross Loan Portfolio reached Rs. 12,252.80 crore, a 0.30% year-on-year growth, with a borrower base of 34.10 lakhs. Net Interest Margin stood at 11.50%, while the Gross Non-Performing Assets ratio increased to 4.85%. The company expanded into Northeast India, initiated secured lending products, and improved digital collections. Management remains optimistic about future growth despite current sector challenges.

31Jul 25

Muthoot Microfin Secures ₹45 Crore Through Commercial Paper Issuance

Muthoot Microfin Limited has successfully raised ₹45 crore through the issuance of commercial paper (CP). The CP, rated CRISIL A1+, was issued in three tranches with a tenure of 182 days, maturing on January 29, 2026. The issuance demonstrates the company's strong credit rating, effective liquidity management, and investor confidence in its short-term financial strength.

31Jul 25

Muthoot Microfin Raises ₹45 Crore Through Commercial Paper Issue

Muthoot Microfin Limited has successfully raised ₹45 crore through a Commercial Paper (CP) issue on July 31, 2025. The CP was issued in three tranches with a uniform tenure of 182 days, maturing on January 29, 2026. All tranches were priced at 95.9340 and carry a CRISIL A1+ rating. The total discounted amount across all tranches is ₹43.17 crore. This successful placement demonstrates Muthoot Microfin's strong financial position and market credibility, providing additional liquidity for its short-term financial needs.

29Jul 25

Muthoot Microfin Expands into Northeast India with Launch of Operations in Assam

Muthoot Microfin Limited, India's second-largest NBFC-MFI, has launched operations in Assam, marking its entry into Northeast India. The company opened its first branch in Mirza, Guwahati, extending its presence to 21 states and union territories. This strategic expansion aims to serve the greater Guwahati area and rural communities, enhancing access to rural credit in the underserved microfinance market of Assam. Muthoot Microfin plans to offer financial literacy programs, business development support, and community initiatives alongside its core microfinance services. The company currently serves 3.43 million active customers through 1,699 branches across 388 districts, with a gross loan portfolio of ₹12,356.7 crore.

08May 25

Muthoot Microfin Approves ₹1,500 Crore Non-Convertible Debenture Issue

Muthoot Microfin, a key player in the microfinance sector, has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹1,500 crore. This move aims to strengthen the company's financial position without diluting equity. The funds could be used for business expansion, refinancing debt, or enhancing working capital. This decision reflects Muthoot Microfin's strategy for growth and financial flexibility in the evolving microfinance sector.

22Apr 25

Muthoot Microfin to Consider Q4 Results and ₹1,500 Crore NCD Issuance in Upcoming Board Meeting

Muthoot Microfin Limited has scheduled a board meeting for May 8, 2025, to approve Q4 financial results and consider issuing non-convertible debentures (NCDs) worth up to ₹1,500 crore for FY 2025-26. The company has closed its trading window for designated persons from April 1, 2025, until 48 hours after the financial results are declared, in compliance with SEBI regulations.

05Mar 25

Muthoot Microfin Secures E-KYC License: A Game-Changer for Rural Financial Inclusion

Muthoot Microfin Limited has obtained an e-KYC license, enabling a fully digital, paperless customer onboarding process. This development will streamline registration for rural women entrepreneurs and Joint-Lending Groups across India. The e-KYC system features Aadhaar-based authentication, biometric verification, and OTP validation, enhancing security and reducing onboarding time. Muthoot Microfin plans to implement this system nationwide and introduce financial literacy programs in regional languages. As of December 31, 2024, the company operates in 20 states, covering 379 districts through 1,651 branches, serving 3.42 million active customers with a Gross Loan Portfolio of ₹12,404.9 crore.