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Muthoottu Mini Financiers eyes 100 new branches, increasing booksize by ₹1,500 cr this FY
Surabhi
Mumbai |
Updated on
Expects to hit ₹7,000 crore assets under management by 2024
Muthoottu Mini Financiers is looking to open about 100 branches this fiscal and increase its book size by ₹1,500 crore.
“This fiscal year, we have planned to open 100 branches as part of our expansion. We are predominantly a South India based company with presence throughout India. We are looking at opening further branches in Andhra Pradesh, Telangana along with a few more branches in Delhi- NCR, Mumbai and Gujarat,” said Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers.
The company has also set a target to grow the book size by ₹1,500 crore by the end of this fiscal year, he said.
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