Muthoot Microfin unveils 1st branch in Andhra

Visakhapatnam: Muthoot Microfin, a leading microfinance institution in India, has forayed into Andhra Pradesh with the opening of its first branch at Chodavaram near here.

The inauguration took place in the presence of Udeesh Ullas, COO and Subhransu Pattnayak, CHRO of Muthoot Microfin.

With the new branch, Muthoot Microfin has expanded its network to 20 States serving over 3.4 million customers. With this expansion, it aims to bring its expertise in micro-lending to Andhra Pradesh, fostering economic growth and development in the State.