Muthoot Microfin Approves ₹250 Crore NCD Issue At 9.25%

Muthoot Microfin approved a ₹250 crore private-placement of secured, rated, listed NCDs at a 9.25% annual coupon, payable monthly, with 24-month maturity on September 8, 2028, listed on BSE and secured by a 1.0x first-ranking exclusive charge over receivables. Context: a further tranche in its FY27 NCD programme.