Expect to maintain FY17 disbursement growth at 45%: Muthoot Cap

Loan disbursements of Muthoot Capital Services were up 43 percent year-on-year (YoY) in FY16, said R Manomohanan of the company. The company is predominantly into two-wheeler financing on the back of which it is targeting to maintain the same level of disbursement levels in FY17, he told CNBC-TV18.Muthoot's disbursements in FY16 stood at Rs 928 core.In addition, the company is targeting to maintain 25-30 percent growth in net-profit this fiscal year, he added.Muthoot is planning to increase market share by 3.75 percent and will expand in some northern states.Watch video for more