Muthoot Finance targets 25% AUM growth in FY27, plans to expand branch network
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Muthoot Finance targets 25% growth in assets under management for FY27.
- ✓Managing Director Alexander George Muthoot said the company is focusing on new customer acquisition through analytics and omnichannel capabilities.
- ✓The lender added 262 branches in the first half of FY27 and plans to add more to support business growth.
Story at a Glance
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- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 11 Minute(s)
- Market Focus
- India Economy
Alexander George Muthoot, Managing Director of Muthoot Finance, said the company is focusing on new customer acquisition through its analytics and omnichannel capabilities. The company has also added 262 branches in the first half of FY27 and expects to add a similar number in the second half.
Kerala-based lender Muthoot Finance has raised its growth guidance for the second half of FY27 by 10 percentage points and is now targeting 25% growth in assets under management for the full financial year, after reporting 15% growth in the first half.
Alexander George Muthoot, Managing Director of Muthoot Finance, said the company is focusing on new customer acquisition through its analytics and omnichannel capabilities. The company has also added 262 branches in the first half of FY27 and may add a similar number in the second half.
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