Neo Wealth buys a 9.6% stake in Keertana Finserv

Neo Wealth Partners has taken a significant step by acquiring a 9.9% stake in Keertana Finserv for Rs 230 crore, reinforcing its commitment to the expanding gold loan sector. With the entry of major players like Bain Capital and Tata Capital, Keertana is poised for growth, targeting a portfolio expansion to Rs 6,000 crore by March 2027. The outlook for the Indian gold loan market indicates a promising trajectory ahead.

Raccontata daeconomictimes.indiatimes.com