Kochi, May 10, 2023: Muthoottu Mini Financiers, popularly known as Yellow Muthoottu, one of India’s leading NBFCs, has won the prestigious “Best Data Quality Award (Consistent Reporting)” from TransUnion CIBIL Limited for consistent reporting during the period June 2022 to February 2023. The award recognizes Muthoottu Mini Financiers’ commitment to maintaining high standards of data quality and accuracy in its reporting.
The award was based on a comprehensive evaluation of data quality indices of various NBFCs across the country. Muthoottu Mini Financiers emerged as the clear winner with an average data quality index of 98, significantly higher than the industry average of less than 97.
Speaking on receiving the award, Mr. Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers, said, “We are thrilled to receive this recognition from TransUnion CIBIL Limited. This award is a testament to our team’s dedication and hard work in ensuring the accuracy and reliability of our data reporting. As a responsible NBFC, we understand the importance of data accuracy and transparency, and we are committed to maintaining the highest standards in all our operations.”
Mr. P. E. Mathai, CEO, of Muthoottu Mini Financiers said, “At Muthoottu Mini Financiers, we are proud to receive the “Best Data Quality Award” from TransUnion CIBIL Limited, as it is a testament to our unwavering commitment to providing our customers with the best possible experience. This Award reflects our dedication to transparency and high standards of quality, and we are confident that it will attract even more customers to experience the Muthoottu Mini Financiers services.”
TransUnion CIBIL Limited is a leading credit information company that provides credit-related services to various financial institutions in India. The “Best Data Quality Award” is one of the awards in the financial services industry and recognizes companies that have demonstrated outstanding performance in data quality reporting.
This award is a testament to Muthoottu Mini Financiers’ commitment to maintaining the highest standards of quality and accuracy in its operations. The company is committed to continue providing its customers with innovative and reliable financial solutions that meet their diverse needs.
Muthoottu Mini Financiers has around 4,000 employees with a network of 865 + branches spread across the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Gujarat, Delhi, UP, Goa, and the union territory of Pondicherry.