Muthoot Microfin disburses Rs 2,700 cr loan in FY21

They also expanded its employee strength by 37 per cent during this period

New Delhi: Muthoot Microfin on Friday said its employee count rose 37 per cent during the pandemic period, with as many as 2,300 new people joining the organisation.

Muthoot Microfin has expanded its employee strength by 37 per cent during a period when retaining employees and maintaining salaries came across as a major challenge for businesses worldwide, the company said in a statement.

During the pandemic-hit period, the company hired over 2,300 employees as it opened as many as 64 new offices across different parts of the country. “In a benchmark move, most of the new employees were roped in as part of the recruitment drives conducted for candidates who had lost their job due to the pandemic,” it said further.

Muthoot Microfin said it disbursed loans worth over Rs 2,700 crore during 2021.