Nuvama Fixed Income Advisory Report : Credit Report II Muthoot Fincorp Limited (MFL)

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Muthoot Fincorp Limited (MFL), the flagship Company of 137-year-old business conglomerate Muthoot Pappachan Group, is India’s leading NonBanking Financial Company (NBFC) with an aim to transform the lives of common man by ensuring their financial well-being through an array of varied products and services. MFL is serving over 43 Lakh customers through 3,683 branches across India as of March 31, 2024. The company’s AUM stood at INR 21,712 crores as of March 31, 2024

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