Muthoot Microfin plans to raise approximately $200 million through External Commercial Borrowings (ECB) in March-April 2026. The funds will support its growth strategy, including expansion into longer-tenure products like individual loans, loan against property (LAP), and gold loans. This borrowing aims to secure long-term capital for onward lending and product diversification, with the company targeting a 15% growth in assets under management (AUM) this fiscal year.