Aditya Birla Capital forays into gold loan business; shares rise 3%
Aditya Birla Capital Limited is entering the gold loan business segment. The company plans to establish approximately 1,000 branches over three years. This strategic expansion complements its existing retail and MSME lending franchise. Diversified lenders are showing increased interest in India's fast-growing gold loan market. Gold loans are witnessing strong structural growth amid rising commodity prices.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)