Sunday, October 23, 2022

Sajjan Jindal's JSW Group to foray into lending with Rs 400 cr investment in captive NBFC

The group has already incorporated the financial services company within JSWOP and christened it as JSW One Finance Ltd, he said, adding that the company will approach the RBI for a license to work as a non-deposit taking NBFC in the last quarter of FY23, and hopes to get the regulatory nod in 7-9 months after that.

source https://economictimes.indiatimes.com/industry/banking/finance/sajjan-jindals-jsw-group-to-foray-into-lending-with-rs-400-cr-investment-in-captive-nbfc/articleshow/95048795.cms

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