Poonawalla Fincorp Limited ( (IN:POONAWALLA) ) has shared an update.
Poonawalla Fincorp Limited has launched a Gold Loan Business, expanding its secured lending portfolio. This initiative aims to provide fast, secure, and transparent financing solutions for various financial needs, with quick approvals and flexible repayment options. The company plans to open 400 new branches in Tier 2 and Tier 3 cities over the next year to strengthen its market presence. The gold loan market in India is poised for significant growth, and Poonawalla Fincorp is strategically positioned to capture this opportunity by focusing on customer-centric services and premium offerings.
More about Poonawalla Fincorp Limited
Poonawalla Fincorp Limited, part of the Cyrus Poonawalla Group, is a non-banking financial company (NBFC) focused on consumer and MSME lending. The company offers a range of secured lending products and aims to expand its presence in Tier 2 and Tier 3 cities.
YTD Price Performance: 16.64%
Average Trading Volume: 113,905
Current Market Cap: 285B INR
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