Muthoot Microfin, a Kerala-based NBFC-MFI, is expanding its operations in Telangana and planning to enter Andhra Pradesh by June. The company will open four branches in Telangana this month, located in Bhuvanagiri, Jangaon, Hanmakonda, and Parakala. Muthoot Microfin focuses on providing financial assistance to women in small businesses through income-generating microloans. Currently, it serves 3.28 million active customers through 1,424 branches across 18 states. CEO Sadaf Sayeed highlighted the company's growth strategy and market analysis approach for expanding into new geographies.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.