• Latest
  • Trending
Aditya Birla Capital launches Gold Loans, eyes Pan-India expansion

Aditya Birla Capital launches Gold Loans, eyes Pan-India expansion

Rising U.S. sugar stocks reflect higher imports and lower demand

Rising U.S. sugar stocks reflect higher imports and lower demand

Juspay FY26 revenue rises 30% to ₹664 crore as AI investments expand

Juspay FY26 revenue rises 30% to ₹664 crore as AI investments expand

CrowdStrike partners with CyberCert to boost SMB cybersecurity in Australia and New Zealand

CrowdStrike partners with CyberCert to boost SMB cybersecurity in Australia and New Zealand

Cognizant study finds 4 in 5 employees want to use AI more at work

Cognizant study finds 4 in 5 employees want to use AI more at work

Persistent Systems secures 94.04% stake in Nagarro after takeover offer

Persistent Systems secures 94.04% stake in Nagarro after takeover offer

India sugar prices surge as production outlook weakens sharply

India sugar prices surge as production outlook weakens sharply

Indian banks lose market value in September quarter; Kotak Mahindra Bank rises to fourth rank

Indian banks lose market value in September quarter; Kotak Mahindra Bank rises to fourth rank

 ITC shares in focus after GQG partners sells ₹9,395 crore stake

 ITC shares in focus after GQG partners sells ₹9,395 crore stake

Is Indian IT sector back on growth track!

Green Card hopes fade for Indian techies as US suspends PERM filings of 6 major firms

Gold faces rate pressure as central-bank buying supports prices

Gold faces rate pressure as central-bank buying supports prices

IBM and Red Hat’s Lightwell remediates 400+ unknown vulnerabilities in Java libraries

IBM and Red Hat’s Lightwell remediates 400+ unknown vulnerabilities in Java libraries

TCS Q2 results: Net profit hits $1.45 billion, revenue rises to $7.64 billion

TCS Q2 results: Net profit hits $1.45 billion, revenue rises to $7.64 billion

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Saturday, October 10, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Aditya Birla Capital launches Gold Loans, eyes Pan-India expansion

in Finance
Reading Time: 2 mins read
0
Aditya Birla Capital launches Gold Loans, eyes Pan-India expansion
Share on FacebookShare on Twitter

DBT Bureau

Pune, 20 August 2026

The NBFC business of Aditya Birla Capital Limited said in an exchange filing that its entry into the Gold Loan business, marking a strategic expansion of its secured lending portfolio. The Gold Loan offering complements its existing retail and MSME lending franchise, providing customers with a transparent, flexible and collateral-backed credit solution.

The Company has planned a phase-wise rollout of 200-300 dedicated Gold Loan branches by March 2027 across high-potential markets. Over the next three years, the ABCL-NBFC business aims to establish a network of around 1,000 Gold Loan branches, building a strong pan-India franchise and further strengthening its presence across the country.

Designed around trust, transparency and convenience, Aditya Birla Capital’s Gold Loan offering combines dedicated branch-led service with omnichannel digital capabilities. It will provide customers with a seamless borrowing experience, supported by transparent pricing, secure handling of pledged gold and swift loan disbursals.
Commenting on the launch, Rakesh Singh, Executive Director and CEO – NBFC, Aditya Birla Capital Limited, said, “Gold loans are witnessing strong structural growth in India, and our entry into this segment is a natural extension of our secured lending strategy. In a category where trust is paramount, customers seek transparency, secure handling of their gold, and the confidence that their valuable assets are in safe and trusted hands. Backed by Aditya Birla Group’s generational legacy of trust, integrity, and responsible stewardship, we are well positioned to serve these customer needs.

We are building our Gold Loan business from the ground up, shaped by these principles, and a strong focus on governance, prudent risk management, operational excellence, and a customerfirst approach. As we expand our presence across India, we will leverage our extensive distribution network and digital capabilities to deliver a superior customer experience. We believe our combination of a trusted legacy and a thoughtfully built business will further strengthen Aditya Birla Capital’s position as a lender of choice in one of India’s fastest growing retail credit segments.”

The offering will cater to various customers across urban and semi-urban markets, serving existing customers within the Aditya Birla Capital ecosystem and expanding its reach to new customers through an integrated distribution network of physical branches and digital platforms.

Aditya Birla Capital-NBFC business serves as a key growth engine and ranks among the top five, AAA rated diversified NBFCs in India. It offers a comprehensive suite of secured and unsecured lending solutions tailored for retail, SME, and corporates across four core verticals of personal and consumer loans, unsecured business loans, secured business loans, and corporate/mid-market loans. In FY26, the NBFC AUM grew 27% YoY to ₹1,59,916 Crore, with retail and SME comprising nearly 68% of AUM, while disbursements grew 25% to ₹84,204 Crore and profit before tax grew 20% to ₹4,023 Crore. The growth momentum continued in Q1 FY27 with AUM rising 28% YoY to ₹1,67,456 Crore, disbursements increasing 34% to ₹21,201 Crore, and profit before tax growing 32% to ₹1,222 Crore.

Related Posts

HDFC Bank opens first branch in Singapore, expanding International presence with wholesale banking license

HDFC Bank & Kotak Mahindra Bank appoint new CEOs

0

Athira Sethu Kochi, 2 October 2026 Two major private sector banks, HDFC Bank and Kotak Mahindra Bank have announced the...

Capgemini report: Life insurers face relevance challenge as consumers seek simpler guidance

Know all about IRDAI’s proposal to tighten insurance commissions and expenses

0

Athira Sethu Kochi, 30 September 2026 The Insurance Regulatory and Development Authority of India (IRDAI) has put forth radical proposals...

Data Story: SBI Q3FY25 Financials

Bank strike postponed after talks with IBA

0

Athira Sethu Kochi, 28 September 2026 After an agreement with the Indian Banks' Association (IBA) regarding certain issues, the United...

Why Bandhan Group acquired Genisys? Will it set a new trend for Indian banks!

Bandhan Bank enters credit card market

0

Athira Sethu Kochi, 9 September 2026 Bandhan Bank has ventured into the credit card market by launching four new types...

Rising U.S. sugar stocks reflect higher imports and lower demand
Commodity

Rising U.S. sugar stocks reflect higher imports and lower demand

0

DBT Bureau Pune, 10 Oct 2026 U.S. sugar ending stocks for 2025/26 are projected to increase by 199,000 short tons,...

Read moreDetails
Juspay FY26 revenue rises 30% to ₹664 crore as AI investments expand
Business

Juspay FY26 revenue rises 30% to ₹664 crore as AI investments expand

0

DBT Bureau Pune, 10 Oct 2026 Juspay, a global payments technology company, reported revenue of ₹664 crore for the financial...

Read moreDetails
CrowdStrike partners with CyberCert to boost SMB cybersecurity in Australia and New Zealand
Tech

CrowdStrike partners with CyberCert to boost SMB cybersecurity in Australia and New Zealand

0

DBT Bureau Pune, 10 Oct 2026 CrowdStrike announced a partnership with CyberCert to help small and medium-sized businesses (SMBs) across...

Read moreDetails
Cognizant study finds 4 in 5 employees want to use AI more at work
Authored Article

Cognizant study finds 4 in 5 employees want to use AI more at work

0

DBT Bureau Pune, 10 Oct 2026 A new Cognizant workplace study has identified what researchers are calling the "Activation Gap":...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.