Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion

CURRENT AFFAIRS: Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion, Muthoot Microfin SKOCH Awards 2025, Mahila Mitra App, Griha Raksha Insurance Scheme, Women Financial Empowerment, Digital Financial Inclusion India, BFSI Award 2025, Financial Literacy Rural Women, Muthoot Microfinance Impact, Inclusive Development Awards India

Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion

Leading the Way in Inclusive Finance

Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion: Muthoot Microfin, part of the Muthoot Pappachan Group (Muthoot Blue), has earned two prestigious Gold Awards at the SKOCH Awards 2025 for its innovative work in financial inclusion, with a strong focus on empowering rural women. These honours reflect the institution’s dedication to creating accessible financial solutions and digital tools that cater to the grassroots economy.

Mahila Mitra and Griha Raksha: Models of Innovation

The company received the Corporate Excellence Gold Award for its Mahila Mitra mobile application, a digital platform tailored for rural women to manage finances independently. With 1.73 million downloads and a user rating of 4.2 stars, this app simplifies digital transactions, enhances financial literacy, and enables users to access credit and services without relying on conventional banking infrastructure.

Muthoot Microfin also clinched the BFSI Gold Award for its Griha Raksha Insurance Scheme, which has extended coverage to 2.66 million women from economically vulnerable families. This initiative offers vital protection against financial setbacks, encouraging women to pursue entrepreneurship with confidence and security.

Empowering Women Through Grassroots Microfinance

With its core mission of uplifting women-led households, Muthoot Microfin has served over 34.2 lakh families, reaching 1.4 crore individuals across India. Operating through 1,651 branches in 20 states and 379 districts, the organization delivers microloans designed to spark self-employment, small-scale enterprise, and community-based income generation.

By promoting affordable, digital-first financial products, the institution has made strides in bridging the rural-urban gap in access to financial services. Both the Mahila Mitra platform and Griha Raksha coverage exemplify how technology can transform lives when built for inclusion.

Prestigious Honour by the SKOCH Group

The SKOCH Awards are recognized nationally for celebrating excellence in governance, finance, and equitable development. The awards were presented to Muthoot Microfin CEO Sadaf Sayeed by SKOCH Group Chairperson Sameer Kochhar and Vice-Chair Gursharan Dhanjal. The dual recognition affirms the firm’s leadership in delivering impact-driven financial solutions for underserved women.

Financial Strength and Forward Vision

As of December 31, 2024, Muthoot Microfin holds a Gross Loan Portfolio of ₹12,404.9 crore and serves a base of 3.42 million active borrowers. It is also part of the S&P BSE Financial Services Index, indicating its sound financial management and regulatory compliance. With digital expansion and gender-focused outreach at its core, the institution is set to continue leading India’s microfinance growth story.

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Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion:

Feature Details
Event SKOCH Awards 2025
Awardee Muthoot Microfin Ltd.
Awards Won 1. Mahila Mitra App (Digital Financial Inclusion)
2. Griha Raksha (Insurance Scheme)
Mahila Mitra Users 1.73 million downloads, 4.2-star app rating
Griha Raksha Beneficiaries 2.66 million low-income women
Total Women Impacted 34.2 lakh households (1.4 crore individuals)
Branch Network 1,651 branches across 20 states and 379 districts
Gross Loan Portfolio ₹12,404.9 crore (as of December 31, 2024)
Listed On S&P BSE Financial Services Index
Focus Areas Women empowerment, Digital microfinance, Financial literacy
Muthoot Microfin Wins Dual Gold at SKOCH Awards 2025 for Driving Women-Led Financial Inclusion
  1. Muthoot Microfin won two Gold Awards at the SKOCH Awards 2025 for financial inclusion initiatives.
  2. The awards recognize digital financial inclusion and insurance-based empowerment for women.
  3. Mahila Mitra App received the Corporate Excellence Gold Award for empowering rural women.
  4. The Mahila Mitra mobile platform has over 73 million downloads and a 4.2-star rating.
  5. The app enables independent financial management and credit access for rural women.
  6. The Griha Raksha Insurance Scheme earned the BFSI Gold Award for protecting low-income women.
  7. 66 million women have benefited from Griha Raksha’s financial risk coverage.
  8. Muthoot Microfin has impacted 2 lakh households, reaching 1.4 crore individuals.
  9. It operates 1,651 branches across 20 states and 379 districts in India.
  10. The organization provides microloans that support self-employment and small-scale businesses.
  11. The company’s Gross Loan Portfolio stood at ₹12,404.9 crore as of December 31, 2024.
  12. Muthoot Microfin is listed on the S&P BSE Financial Services Index.
  13. The SKOCH Awards were presented by Sameer Kochhar and Gursharan Dhanjal.
  14. The app and scheme promote financial literacy and entrepreneurship among women.
  15. The company belongs to the Muthoot Pappachan Group (Muthoot Blue).
  16. It champions digital-first microfinance solutions tailored for underserved women.
  17. The organization focuses on bridging the rural-urban gap in financial services access.
  18. Village-level women are the primary beneficiaries of Muthoot Microfin’s outreach.
  19. The firm’s strategy integrates technology with social impact finance.
  20. These awards reinforce Muthoot Microfin’s national leadership in inclusive development.

Q1. What is the name of Muthoot Microfin’s mobile app aimed at rural women?


Q2. How many women have benefited from the Griha Raksha Insurance Scheme?


Q3. What is the Gross Loan Portfolio of Muthoot Microfin as of December 31, 2024?


Q4. Under which index is Muthoot Microfin listed?


Q5. Who presented the SKOCH Awards to Muthoot Microfin CEO Sadaf Sayeed?


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