lending agreement with SBI
** Shares of Muthoot Microfin MUTO.NS rose as much as
2.7%, last up ~1% to 222.75 rupees
** NBFC enters into co-lending agreement with State Bank of
India SBI.NS
** Stock set to rise for third straight session; on track to
climb 2.6% this week after four straight weeks of decline
** Stock down 11.3% YTD, peer CreditAccess Grameen CRDE.NS
down 4.8%
(Reporting by Varun Vyas in Bengaluru)
((varunvyas.hebbalalu@thomsonreuters.com))
Recent news on Muthoot Microfin
See all newsBrief: Muthoot Microfin Ltd Says AUM As Of September 30 Grew 22% Y/Y
Brief: Muthoot Microfin Raises 2.50 Billion Rupees Via Listed Secured NCDs On Private Placement
Brief: Muthoot Microfin Approves Issue Of NCDs With Aggregate Value Of 2.50 Billion Rupees
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Brief: Muthoot Microfin Posts June-Quarter Net Profit 813.4 Million Rupees