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Muthoot Capital Services completes transaction of Rs 100.89 crore through securitization of portfolio
Jul-09-2020
Muthoot Capital Services has completed a direct assignment transaction Rs 100.89 crore on July 06, 2020. This was the first securitization / direct assignment transaction carried out by the Company during the FY 2020 - 2021.

The entire pool is from the non - priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard.

Muthoot Capital Services is a deposit taking non-banking financial company (NBFC). The company is engaged in financing for purchase of automobiles, including two wheelers, against hypothecation of the respective vehicles, and granting of personal/business loans against demand promissory notes.

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