Muthoot Finance Ltd

The company was incorporated as a private limited company on 14 March 1997 with the name "The Muthoot Finance Private Limited" under the Companies Act.

On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". During the year 2009–10, the company added 620 new branches.

In 2014, Muthoot Finance acquired a majority stake in Asia Asset Finance plc, a Sri Lankan publicly listed financial services company.

In July 2016, Muthoot Finance acquired 46.83% of the capital of Belstar Investment and Finance Private Limited (BIFPL).

In May 2018, Muthoot Finance acquired Muthoot Money, a Non Deposit taking Non-Banking Financial Company.

In July 2026, the Reserve Bank of India Imposed a ₹5.80 lakh penalty on Muthoot Finance for non-compliance with KYC directions and transaction monitoring guidelines.

In August 2026, the board of directors recommended the appointment of Alexander George as Managing Director, effective October 1 2026, subject to shareholder approval at the upcoming Annual General Meeting.Under the proposed management transition, incumbent Managing Director George Alexander Muthoot was names Executive Vice Chairman, while K. R. Bijimon was elevated to CEO.

In 2026, the company reported an improvement in asset quality, with Gross Stage 3 asset declining sequentially to 2.28% and Net Stage 3 assets standing at 1.99%

As of 2026, Muthoot Finance operates a network of over 7,500 branches across India, and bank as over 53,000+ employees across its corporate operations. The Company reports having served over 70 crore customer transaction, including repeat borrowers, since its inception.