Muthoot Fincorp Ltd: The Financial Legacy of Muthoot Pappachan Group
Muthoot Fincorp Ltd., the flagship Company of the Group, with strong fundamentals, is a proactive Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Muthoot Fincorp is a mass provider of finance in the form of gold and other loans with over 3600 branches pan India and an average of 40,000 customers a day.
At Muthoot Fincorp Ltd., the products are specifically planned & designed to serve customers who are unable to access mainstream commercial banks. This unique structure is a result of decades of research and experience in the company's rural strongholds. This also allows the company to provide quick and customized finance options and investment products.
MFL also has a microfinance product named the Muthoot Mahila Mitra, which felicitates the upliftment of the weaker sections of society by providing small loans to female clients engaged in small income generating activities. The product is based on the Grameen model of lending; it is designed to promote entrepreneurship among female clients and to promote inclusive growth of clients who are at the bottom of the pyramid.
MFL had revenue of Rs. 2023.23 Crores with Profit After Tax(PAT) of Rs. 87.44 Crores for 2015-2016 and net worth of Rs 1421.07 Crores
MFL's short term instruments/debts are rated at A1 and long term instruments/debt at A negative by the leading rating agency CRISIL.
Company Details
- Address
- Muthoot Centre, Punnen Road, Trivandrum,kerala 695001,india
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.muthootfincorp.com
- Keywords
- Trivandrum.
- HQ
- Trivandrum, Kerala
Muthoot Fincorp Alumni Network Questions
Muthoot Fincorp Alumni Network's website is http://www.muthootfincorp.com
Muthoot Fincorp Alumni Network's LinkedIn profile is https://in.linkedin.com/company/muthoot-fincorp-alumni-network
Muthoot Fincorp Alumni Network's industry is
Financial Services
Muthoot Fincorp Alumni Network's top competitors are
Muthoot Housing Finance Company Limited,
Muthoot Capital Services Ltd - India,
Manappuram Finance Limited,
Muthoot Pappachan Group,
Muthoot Homefin (India) Limited,
The Muthoot Group,
Asia Asset Finance Plc,
Finlabs India Pvt Ltd,
Muthoot Fincorp Ltd.,
Muthoot Finance Ltd. - India.
Muthoot Fincorp Alumni Network's categories are Financial Services
