Sunday, July 27, 2025

BANKING

Poonawalla Fincorp aims for over 40% AUM growth, fueled by new product lines like gold loans, after a robust 53% growth in Q1FY26. The company will expand its gold loan business to 400 branches by year-end and diversify its offerings. A Rs 1,500 crore equity infusion will bolster the company's capital base and support future expansion.

from Banking/Finance-Industry-Economic Times https://ift.tt/NI5mYgt
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