Muthoot Finance to enter insurance market; Seeks shareholder nod as board approves proposal
Published on: April 15, 2026, 4:51 p.m. | Source: The Financial Express
Muthoot Finance has sought shareholder approval to enter life, general, and health insurance distribution as an IRDAI-regulated corporate agent. The move aims to create cross-selling opportunities across its existing gold loan and lending customer base. Muthoot's consolidated loan AUM stood at Rs 1,64,720 crore, growing 48% YoY as of December 2025.
