Tag Archives: kerala MFI

Creation Invests Rs.130 Cr in Muthoot Microfinance

Chicago-based PE Fund Creation Investments has invested Rs.130 crore in Muthoot Microfinance, making it a significant deal in the BFSI & microfinance space after the Indian Government’s demonetization-digital-cashless economy initiatives. With this deal, Creation Investments will hold 11% stake in Muthoot Microfin Ltd. The capital raised will be utilised to serve BoP clients and to expand business to newer geographies ...

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