Muthoot Capital Services has completed a securitization transaction, raising an amount of Rs 83.04 crore by assignment of two-wheeler loan receivables aggregating to Rs 88.34 crore on December 06, 2023.
This is the First securitization / direct assignment transaction carried out by the company during the FY 2023 - 2024. 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 one of India's Most Progressive Automobile Finance Companies.