Muthoot Capital Services said it has completed a securitization transaction, raising an amount of ₹98.75 crore in 3 tranches, by assignment of loan receivables aggregating to ₹105.06 crore.
This is the fifth securitization/direct assignment transaction carried out by the company during FY 2024 – 2025.
The company, in an exchange filing, said the entire pool is from the non – priority sector and has been undertaken after considering the guidelines prescribed by the Reserve Bank of India in this regard.
- Read also: Muthoot Capital net profit at ₹39.33 crore in 9 months of FY25
Muthoot Capital Services’, which is promoted by the Muthoot Pappachan Group, is a Non-Banking Finance Company (NBFC) and its portfolio includes retail finance products such as two-wheeler loans, used car loans, commercial vehicle loans and investment product in the form of Fixed Deposits. As at December-end 2024, the NBFC had assets under management aggregating Rs ₹2833 crore.
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