Godrej Finance, Muthoot Join Hands To Boost MSME Lending

22 Sep 2025 CW Team

The agreement focuses on providing loans against property (LAP) ranging from Rs 1 million to Rs 7.5 million, with an average ticket size of Rs 1.5 million. The product will serve MSMEs across pan-India markets where timely and accessible credit is in demand. The partnership will later expand to include other offerings such as gold loans and housing loans.

A seamless digital integration underpins the arrangement, designed to speed up loan approvals, increase transparency, and ensure compliance with the Reserve Bank of India’s co-lending framework. Godrej Finance will assume 80 per cent of the credit risk, while Muthoot FinCorp will manage the remaining 20 per cent. Muthoot FinCorp will handle underwriting, loan collections, and customer experience, while Godrej Finance ensures regulatory compliance through a jointly defined policy.

Manish Shah, MD & CEO of Godrej Capital, said timely credit is vital for business growth, particularly in smaller cities. He noted that the partnership is aimed at bridging credit gaps for MSMEs by offering faster, simpler, and transparent lending options.

Muthoot FinCorp CEO Shaji Varghese stressed the critical role of MSMEs in employment generation, second only to agriculture, and acknowledged their challenges in accessing finance. With over 3,700 branches and its Muthoot FinCorp ONE app, the company is positioned to extend services to underserved regions, with the LAP offering strengthening MSME growth.

Through Godrej Finance, GFL already provides a wide range of business loan products, including unsecured business loans and Udyog LAP for smaller financing needs. The partnership expects to disburse Rs 2.5 billion in the current financial year, with a focus on high-potential markets in Northern, Southern, and Western India.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Godrej Finance Limited (GFL) has entered a co-lending partnership with Muthoot FinCorp to improve credit access for micro, small and medium enterprises (MSMEs) in Tier-2 and Tier-3 cities. The collaboration leverages Muthoot FinCorp’s wide market presence to deliver much-needed financial support to growing businesses.The agreement focuses on providing loans against property (LAP) ranging from Rs 1 million to Rs 7.5 million, with an average ticket size of Rs 1.5 million. The product will serve MSMEs across pan-India markets where timely and accessible credit is in demand. The partnership will later expand to include other offerings such as gold loans and housing loans.A seamless digital integration underpins the arrangement, designed to speed up loan approvals, increase transparency, and ensure compliance with the Reserve Bank of India’s co-lending framework. Godrej Finance will assume 80 per cent of the credit risk, while Muthoot FinCorp will manage the remaining 20 per cent. Muthoot FinCorp will handle underwriting, loan collections, and customer experience, while Godrej Finance ensures regulatory compliance through a jointly defined policy.Manish Shah, MD & CEO of Godrej Capital, said timely credit is vital for business growth, particularly in smaller cities. He noted that the partnership is aimed at bridging credit gaps for MSMEs by offering faster, simpler, and transparent lending options.Muthoot FinCorp CEO Shaji Varghese stressed the critical role of MSMEs in employment generation, second only to agriculture, and acknowledged their challenges in accessing finance. With over 3,700 branches and its Muthoot FinCorp ONE app, the company is positioned to extend services to underserved regions, with the LAP offering strengthening MSME growth.Through Godrej Finance, GFL already provides a wide range of business loan products, including unsecured business loans and Udyog LAP for smaller financing needs. The partnership expects to disburse Rs 2.5 billion in the current financial year, with a focus on high-potential markets in Northern, Southern, and Western India.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..