Muthoot Capital Raises ₹200 Million via Commercial Paper to Drive Growth Ambitions

Muthoot Capital Services Ltd. has raised commercial paper worth ₹200 million. This is in line with the company's strategy of managing its liquidity and taking advantage of its robust credit ratings. Muthoot Capital Services has been consistently engaged in enhancing its financial health and asset quality, aided by its parent group, Muthoot Pappachan Group. The company's emphasis on vehicle finance and recent forays in electric vehicle financing reflect its growth path. This issuance demonstrates the efficiency of the company in accessing short-term financing.

 

Source: Business News Network