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Godrej Capital aims to grow gold loan book to Rs 5000 crores by 2031
Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance's gold loan portfolio. The company plans to increase its specialized gold loan branches to 350. This strategy involves deepening presence in existing regions and launching new operations. Godrej Capital targets a Rs 1 lakh crore overall AUM by 2031.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Godrej Capital enters gold loan business with Kanakadurga Finance acquisition
Godrej Capital acquired Kanakadurga Finance's gold loan business to expand its consumer finance segment. This acquisition aims to build a Rs 1 lakh crore assets under management…
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Godrej Capital aims to grow gold loan book to Rs 5000 crores by 2031
Godrej Capital aims to build a Rs 5,000 crore gold loan book. This expansion follows their acquisition of Kanakadurga Finance's gold loan portfolio. The company plans to…