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Sunday, April 23, 2023

Muthoot Microfin expects 25-30 pc growth in loan disbursals this fiscal

In the pandemic-hit FY22, its loan book stood at Rs 6,300 crore from which it had earned Rs 79 crore of net income, chief executive Sadaf Sayeed told PTI. He attributed the massive loan book expansion to the low base in the pandemic hit year, and bases his optimism to maintain the momentum on the rising need for liquidity among its customers, even though the interest rates have risen.

from Banking/Finance-Industry-Economic Times https://ift.tt/GwfTd7z

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