HomeNewsBusinessEarningsMuthoot Finance expects FY18 AUM growth at over 15%

Muthoot Finance expects FY18 AUM growth at over 15%

In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance spoke about the results and his outlook for the company.

February 14, 2017 / 11:01 IST
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In an interview to CNBC-TV18, George Alexander Muthoot, MD of Muthoot Finance spoke about the results and his outlook for the company.

He said that demonetisation had a negative impact in last three months. However, normalcy has returned in cash levels in branches from February onwards, he added.

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Muthoot expects 14-15 percent growth in assets under management (AUM) by FY17.

He also expects FY18 AUM growth at over 15 percent.