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India Ratings upgrades Muthoottu Mini Financiers debts instruments Ratings

India Ratings upgrades Muthoottu Mini Financiers debts instruments Ratings
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Muthoottu Mini Financiers eyes 100 new branches, increasing booksize by ₹1,500 cr this FY


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. ....

Andhra Pradesh , Mathew Muthoottu , Canara Bank , Muthoottu Mini Financiers , South India , Managing Director , Muthoottu Mini , ஆந்திரா பிரதேஷ் , மேத்யூ முதூத்டு , கனரா வங்கி , முதூத்டு மினி நிதியாளர்கள் , தெற்கு இந்தியா , நிர்வகித்தல் இயக்குனர் , முதூத்டு மினி ,