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Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%
Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by new products like Micro LAP and home loans. Geographic expansion into new states is also planned. Technology investments will enhance efficiency. Shalibhadra Finance is positioning itself for significant growth in the retail finance sector.
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh Narayanan
CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to become a Rs 50,000 crore entity by 2028, with a significant portion from retail finance. It is actively exploring acquisitions to accelerate growth in its secured business segment.
IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women
IIFL Home Finance secures a 300 million dollar loan from Asian Development Bank and partners to boost affordable, green housing finance for low-income women in India amid a major housing deficit.