BusinessQuiet 86d · day 86
Aditya Birla Capital enters gold loan business, targets 1,000 branches in 3 years
The Indian financial services firm announced expansion into gold lending with plans to open 300 branches by end of FY27.
What to know
- Aditya Birla Capital is entering the gold loan market with a three-year expansion plan targeting 1,000 branches.
- The company will open up to 300 branches by end of FY27 in high-potential markets.
- The market responded positively, with share prices rising 2–3.5% on the announcement.
“It will start with opening up to 300 gold loan branches by the end of FY27 across high-potential markets”
Aditya Birla Capital, Company announcement · The Hindu · Aug 19
Aditya Birla Capital Financial services firm entering gold lending
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