Muthoot Finance Ltd Company History

RBI license obtained to function as an NBFC.

Obtained highest rating of F1 from Fitch Ratings for short term debt of Rs. 200 million.

Retail loan and debenture portfolio of the Company exceeds Rs. 500 million.

Merger of Muthoot Enterprises Private Limited with the Company

F1 rating obtained from Fitch Ratings affirmed with an enhanced short term debt of Rs. 400 million.

Retail loan portfolio of the Company crosses Rs. 10 billion.

RBI accords status of Systemically Important ND-NBFC.

Branch network of the Company crosses 500 branches.

Net owned funds of the Company crosses Rs. 1 billion.

Net owned funds of the Company crosses Rs. 2 billion.

Retail loan and debenture portfolio crosses Rs. 20 billion and Rs. 10 billion respectively.

F1 rating obtained from Fitch Ratings affirmed with an enhanced short term debt of Rs. 800 million.

Overall credit limits from lending banks crosses Rs. 5 billion.

Conversion of the Company into a public limited company.

Fresh RBI license obtained to function as an NBFC without accepting public deposits, consequent to change

in name..

Retail loan and debenture portfolio crosses Rs. 30 billion and Rs. 15 billion respectively.

Net owned funds of the Company crosses Rs. 3 billion.

Gross annual income crosses Rs. 5 billion.

Overall credit limits from lending banks crosses Rs. 10 billion.

Retail loan and debenture portfolio crosses Rs. 50 billion and Rs. 20 billion respectively.

Net owned funds of the Company crosses Rs. 4 billion.

Overall credit limits from lending banks crosses Rs. 20 billion.

ICRA assigns ‘A1+’ rating for short term debt of Rs. 2 billion.

CRISIL assigns ‘P1+’ rating for short term debt of Rs. 4 billion.

Branch network of the Company crosses 1,000 branches.

Demerger of the FM radio business into Muthoot Broadcasting Private Limited.

Private equity investment of an aggregate of Rs. 1,575.45 million from Matrix Partners India Investments,

LLC and Baring India Private Equity Fund III Limited.

Private equity investment of an aggregate of Rs. 425.83 million from Kotak India Private Equity Fund and

Kotak Investment Advisors Limited.

Muthoot Fin - Muthoot Finance launches the Western Union Money Transfer Service.

Shri M.G. George Muthoot being awarded as Businessman of the Decade” by Shri Vayalar Ravi, Union Cabinet Minister for Overseas Indian Affairs and Minister of Civil Aviation at a glittering ceremony of the World Malayalee Council held on 10th Sept. 2011 at Kochi.

Asian Businessman of the Year 2011" award conferred upon Shri. M.G. George Muthoot by the UK-Kerala Business Forum at British Parliament London.

Mr. M G George Muthoot, Chairman, Muthoot Group has been conferred with 'Business Leadership’ for the year 2012' at Golden Peacock Awards, Bangalore in the presence of Hon’ble Union Minister for Corporate Affairs, Dr M. Veerappa Moily on 20. 01. 2012.

Business Excellence Award –2012 The Trivandrum Chamber of Commerce and Industry conferred our Jt Managing Director, Shri George Jacob Muthoot with The Business Excellence Award –2012. The award was presented by Shri Kunhalikutty, Minister for Industries Information Technology and Urban Affairs, Kerala amid a gathering of eminent dignitaries.

Dr. Mrs. Sara George, Principal, St.George's School receiving the coveted Award for "Best Principal of the State" for the year 2012.

6th Green Schools Programme awards ceremony held on 28th March 2012.

Muthoot Finance Ltd, India’s largest gold loan company has announced to launch of its maiden Employee Stock Options Plan (ESOP).

Muthoot Finance has got the RBI License to start operating 9,000 White Label ATMs.

Muthoot Finance Branch network crosses 4,400 branches.

The Muthoot Group was presented with "Emerging Business Leader of the Year" title by Hon'ble Union Minister of Home Affairs, Shri Rajnath Singh at the fifth edition of AIMA Managing India Awards 2014.

Muthoot Finance has announced that it has acquired 30 per cent stake in Asia Asset Finance in Sri Lanka.

"Muthoot Finance Ltd successfully completes its Institutional Placement Program".

Muthoot Finance launches scheme for Kerala customers for Onam.

Muthoot Finance Ltd joins hands with Yes Bank

Muthoot Finance launches the website for Muthoot ATMs

Muthoot Finance Launches Missed Call Service to know the Gold Loan Status

Muthoot Finance Completes Acquisition of Muthoot Insurance Brokers Pvt Limited

Muthoot Finance launched a new loan scheme targeted at Small and Medium Enterprises (SME) for their working capital requirements.

"Muthoot Finance Limited has completed the acquisition of M/s. Muthoot Money Private Limited".

Muthoot Finance proposed Acquisition of IDBI Asset Management Limited and IDBI MF Trustee Company Limited.

Muthoot Finance was honoured with twin Corporate Social Responsibility Awards (CSR) - Return to Consumer and Community Development at a glittering ceremony held at Taj Deccan in Hyderabad.

Muthoot Finance, India’s largest gold loan NBFC has won the title of "Most Trusted Financial Services" brand for the fifth year in a row according to TRA's Brand Trust Report 2020 rankings.

Muthoot Finance has been profiled in India’s Leading BFSI and FinTech Companies 2021 by Dun & Bradstreet.

The Muthoot Group wins CII DX Award for Best Practice in Digital Transformation 2021.

Muthoot Finance bagged the ‘Best CSR Organisation - Based on Impact’ award at the inaugural edition of Made in Kerala Awards 2022.

Muthoot Finance, the flagship company of the Muthoot Group, wins the coveted Skoch Financial Inclusion Award.

Muthoot Finance has bagged the 15th NBFC Fintech Award 2023 as the 'Most Influential NBFC of the Year' under the category of NBFCs.

Muthoot Finance has been awarded as the Best NBFC at the 2nd Edition of Made in Kerala Awards 2023 awards instituted by FICCI (Federation of Indian Chambers of Commerce and Industry) Kerala State Council.