Muthoot Microfin targets safer balance by cutting group microloans to 60 by 2030

Published on 7 May 2026

Unsecured pushback and a surprising two wheeler bet

Muthoot Microfin says it will reduce risk by shrinking its dependence on group microloans, targeting 60% by 2030. The lender is moving away from unsecured lending toward broader business diversification, including two wheeler financing starting this festive season. It also aims to scale assets under management to Rs 30,000 crore, positioning the shift as protection against sector volatility.

Group microloan share aimed to fall to 60% by 2030
Company is shifting away from unsecured loans toward diversification
Two wheeler financing will be launched this festive season
AUM target set at Rs 30,000 crore by 2030

#muthoot microfin #two wheeler financing #assets under management #risk management #microfinance

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Muthoot Microfin targets safer balance by cutting group microloans to 60 by 2030

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