Muthoot Microfin signs MoU with Indian Bank

Muthoot Microfin has signed a memorandum of understanding with public sector Indian Bank on 8th November to serve micro, small and medium enterprises.

As per the memorandum of understanding, Muthoot Microfin and the bank will jointly lend to the MSME borrowers.

Indian Bank general manager-MSME Sudhakar Rao exchanged documents with Muthoot Microfin deputy CFO Praveen T in the presence of the bank’s managing director and CEO Padmaja Chunduru.

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