💰 Aditya Birla Capital Enters Gold Loan Business
Published by OOPSONLINE.IN · Source: scanx.trade · 1 min read · · Updated
What actually happened
Aditya Birla Capital enters the gold loan segment with a plan to open 1,000 branches in three years, starting with 200-300 by March 2027. This move expands its secured lending portfolio alongside a growing NBFC franchise that saw AUM rise 28% YoY to ₹1,67,456 crore in Q1FY27.
Key points
- Aditya Birla Capital enters the gold loan segment with a plan to open 1,000 branches in three years, starting with 200-300 by March 2027.
- This move expands its secured lending portfolio alongside a growing NBFC franchise that saw AUM rise 28% YoY to ₹1,67,456 crore in Q1FY27.
Summary based on data provided by scanx.trade. Full article available at the original publisher.
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