‘Stigma around gold loans as last-resort funding is fading’: Shaji Varghese, CEO of Muthoot FinCorp
- Posted on May 18, 2026
- By Financial Express
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- 1 min read
‘Stigma around gold loans as last-resort funding is fading’: Shaji Varghese, CEO of Muthoot FinCorp
The Board of Muthoot Fincorp has approved a ₹4,000 crore initial public offering (IPO) consisting entirely of fresh growth capital. CEO Shaji Varghese outlines how internal engineering, clear sectoral regulations, and a shift away from unsecured credit drove a massive 75% standalone AUM growth to ₹56,185 crore in FY26
