Aditya Birla Capital forays into gold loan business; shares rise 2%

· economictimes.indiatimes.com

Aditya Birla Capital Limited announced its strategic expansion into the gold loan business. This new offering will complement its existing retail and MSME lending franchise. The company plans to open 200 to 300 dedicated gold loan branches by March 2027. These branches will be established across high potential markets within the country. The group will leverage its distribution network and digital capabilities for customer experience.

Synopsis

Aditya Birla Capital Limited announced its strategic expansion into the gold loan business. This new offering will complement its existing retail and ...


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