# Muthoot Microfin delays $25M ECB, waits for RBI clarity 2026-08-07T15:57:04+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Muthoot Microfin is holding back a $25-million external commercial borrowing as it awaits the Reserve Bank of India's decision on lower swap rates and hedging cost concessions for non-public sector undertakings, CEO Sadaf Sayeed told ET. The Kochi-based microfinance company has sanction letters valid till September. The company's average cost of funds fell 14 basis points to 10.13% in the June quarter. Its gross loan portfolio grew 18% year-on-year to Rs 14,457 crore, even as the overall microfinance sector shrank 4% in the same period. ## Coverage - economictimes.indiatimes.com Tags: ECB, hedging cost, microfinance, Muthoot Microfin, NBFC-MFI, RBI Canonical: https://indianopinion.org/muthoot-microfin-delays-25m-ecb-waits-for-rbi-clarity/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/muthoot-microfin-delays-25m-ecb-waits-for-rbi-clarity/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.