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Tag: Muthoot Microfin

  • Muthoot Microfin champions women’s health with awareness drive

    Muthoot Microfin champions women’s health with awareness drive

    MUMBAI: Muthoot Microfin is proving that empowerment goes beyond financial independence, it starts with health. As part of its Women’s Day initiatives, the microfinance leader hosted an extensive online workshop on cervical cancer awareness and menstrual health on  7 and 10 March 2025. Reaching over 850 attendees across 19 states and Puducherry, the sessions featured expert-led discussions on HPV vaccination, early detection, and menstrual cup benefits, conducted in regional languages for maximum impact.

    In addition to awareness, Muthoot Microfin is ensuring action. Partnering with Reliance General Insurance, the company is offering free health check-ups for female employees, covering 70 key health parameters. To prioritise convenience, sample collection will be arranged directly from employees’ homes.

    Speaking about the initiative, Muthoot Microfin CEO Sadaf Sayeed said, “At Muthoot Microfin, we believe that empowering women goes beyond financial independence; it begins with good health and awareness. As part of our Women’s Day initiatives, we reinforced our commitment to fostering inclusion and supporting women’s well-being through impactful healthcare awareness sessions. Our employees across India benefited from these sessions in regional languages, along with access to essential health check-ups, ensuring they have the knowledge and resources to lead healthier, more confident lives. A healthy woman uplifts not just her family but the entire community, and we are proud to contribute to this positive change.”

    Muthoot Microfin has consistently championed employee health, previously running sessions on breast cancer, diabetes prevention, and lifestyle diseases. With plans to expand these initiatives, the company continues its holistic approach to workplace wellness, proving that true empowerment is about financial security and physical well-being alike.

  • Muthoot Microfin hires 2,300+ employees during pandemic

    Muthoot Microfin hires 2,300+ employees during pandemic

    New Delhi: At a time when businesses worldwide are struggling to retain employees and maintain salaries, Muthoot Microfin has expanded its employee strength by 37 per cent.

    In a statement issued on Friday, the microfinance firm said it has hired more than 2,300 employees while opening as many as 64 new offices across different parts of the country. Most of the new employees were roped in as part of recruitment drives conducted for candidates who had lost their job due to the pandemic.

    The firm has allowed all employees to work from home during the period, apart from providing Covid insurance for all, covering hospitalisation costs as well as expenses on medicine. “Besides, Muthoot Microfin ensured no pay cut and complete job security for all employees. It was on the basis of these aforementioned initiatives that the company was ranked among ‘Best Place to Work’ by GPTW Institute,” said the company.

    Muthoot Microfin CEO Sadaf Sayeed said, “We have always kept employee wellbeing on the top of the pedestal, as they are the backbone of our institution. As the pandemic struck, we issued alerts and opened a full-fledged control room to address the panic and concerns among our employees. Also, we actively engaged with them through skill development programs.”

    The company’s HR head Subhransu Pattnayak added, “Our communication strategy was primarily to keep in constant touch with all employees throughout the lockdown period and keep a tab on their safety and wellbeing. We also rolled out a slew of employee engagement activities, associated with online learning platforms and activated internal LMS for skill training of employees. We invested a lot on providing training to our staff over the past year.” 

    The company has disbursed Rs 2,700 crores worth of loans in FY2021.