Muthoot Microfin AUM reaches ₹14,457 crore with AA- rating upgrade
pre-market1 source ↓written by the desknot a recommendation
- reflecting
- 18% YoY growth
- firm achieved
- 49% surge in disbursements
Muthoot Microfin reported AUM of ₹14,457 crore, reflecting 18% YoY growth. The firm achieved a 49% surge in disbursements, leading to a CRISIL rating upgrade to AA- from A+. This indicates strong operational performance and increasing credit demand in the microfinance sector. 📈
• AUM: ₹14,457 crore
• Disbursements: +49% YoY
• GNPA: ~2.3%
The rating upgrade may enhance investor confidence and attract further funding.
Not investment advice. For informational purposes only.