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.

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.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..