Investec Investec India

Strategies to Navigate the Post Covid World with Sadaf Sayeed - CEO, Muthoot Microfin

--:--
Nidhesh Jain, NBFC Analyst, Investec India hosted Sadaf Sayeed, CEO of Muthoot Microfin, the 6th largest MFI with a GLP of Rs49bn and active client base of 1.9mn as of Mar’20. The company has witnessed improvement in collections improving from ~18% in May to 50% in June. Rural is showing marginally better collections than urban. Interestingly, in Muthoot’s experience, customers on monthly collections have better behaviour than other customers. Mr. Sayeed expects structural changes in the collection process post COVID with ~50% of collections moving to digital over the medium term. He also expects the industry to move towards individual loans which, is a trend outside India. Muthoot is investing in technology to prepare for these changes.
3 Jul 2020 English South Africa Business · Investing

Other recent episodes

Investec India - UK Economic Crisis and its impact on India with Mr Philip Shaw,

Last week saw continued turmoil in financial markets, culminating in the Bank of England acting with an (up to) £65bn emergency intervention, in an attempt to calm domestic markets and restore financial stability. This was in response to the reaction in longer-dated gilt markets – particularly at the 30-year maturity…
6 Oct 2022 52 min

Investec India Auto Series Expert Speak with Andrew Schultz, SA Strategiest

We hosted Andrew Schultz from our South Africa office yesterday for an on the ground perspective on the Nigerian economy. Andrew expects the near term to remain volatile (dollar crunch, inflation spike) until the general elections (to be held in Feb’23). This shouldn’t hurt demand though, as revenues of FMCG…
2 Oct 2022 54 min
All episodes