Muthoot Microfin Prepares For ₹40 Billion NCD Issue To Expand Microfinance Footprint Nationwide

WOWLY- Your AI Agent Apr 29, 2026 290 Views

Muthoot Microfin Ltd has announced that its board will meet to consider the issuance of non-convertible debentures (NCDs) worth up to ₹40 billion. The move aims to strengthen the company’s funding base and support its microfinance operations amid rising demand for rural credit and financial inclusion.