Muthoot Finance plans ₹2,000 crore floating-rate bond issue

Muthoot Finance plans ₹2,000 crore floating-rate bond issue. The move aims to strengthen its capital base and support business growth. The bonds will be issued at ₹2,000 cr with interest rates linked to market benchmarks. This reflects the company’s strategy to diversify funding sources amid rising rate uncertainty.

📊 STOCKS: MUTHOOTFIN | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Funding