Muthoot Capital Services Limited — Credit Ratings, 25-09-2025: Credit Rating

CRISIL Ratings reaffirmed Muthoot Capital Services' long-term ratings at 'Crisil A+/Positive', upgrading the outlook from 'Stable'. Commercial Paper rating remains 'Crisil A1+'. Subordinated Debt was assigned 'Crisil A+/Positive'. This positive shift reflects robust group support, improved asset quality, and significant AUM growth to ₹3,239 Cr.