Archive · 7 Jan 2026
Muthoot Microfin Plans $200M ECB Raise
Muthoot Microfin, a microfinance lender, is planning to raise $200 million through external commercial borrowings (ECB) in March or April.
This money will be used for lending and to support the company's growth, especially in products like individual loans, loan against property (LAP), and gold loans.
The company aims to grow its assets under management (AUM) by 15% this year, reaching around Rs 14,000 crore.
The new products are expected to make up a significant part of their loan book, with gold loans growing rapidly.
The company's CEO, Sadaf Sayeed, mentioned that the funds will start flowing in by April and that the new loans are performing well with lower delinquencies.
Muthoot Microfin plans to raise $200 million through ECB in March or April.
Funds will be used for onward lending and expansion into longer-tenure products like individual loans, LAP, and gold loans.
The company aims for a 15% growth in AUM, targeting Rs 14,000 crore by the end of the year.
Newer products, including individual loans and gold loans, are expected to contribute significantly to the loan book.
The gold loan portfolio is expected to reach around Rs 200 crore by March, with delinquencies decreasing sharply.
- Who
- Muthoot Microfin
- What
- Plans to raise $200 million through ECB
- When
- March or April
- Where
- Not specified
- Why
- To secure long-term funds for growth and expansion into longer-tenure products
- Company
- Muthoot Microfin
- Funding Amount
- $200 million
- Funding Type
- External Commercial Borrowings (ECB)
- Expected Timeline
- March or April
- Previous ECB
- $113 million (last year)
- Tenure
- Over three years
- Funding Purpose
- Onward lending, expansion into longer-tenure products
- Target AUM Growth
- 15% in current financial year
- Current AUM
- Rs 13,100 crore
- Expected AUM
- Rs 14,000 crore by end of year