Will operate from 11 locations initially, says top official
Anand Rathi Global Financial Services is planning to foray into the small and medium enterprise financing space through roll-out of loan against property and unsecured loans.
Currently, the non-banking finance company, which has seven lines of business, including loan against securities, loan against commodities, initial public offer financing, and promoter funding, has drawn up a blue-print for growing its SME financing business to ?5,000 crore in three years, according to Ashish Kohli, Director & CEO (SME Finance).
“We will initially have presence in 11 locations — Delhi, Chandigarh and Jaipur in the North, Hyderabad, Chennai and Bengaluru in the South, and Mumbai, Pune, Ahmedabad, Surat and Indore in the west...................Read more
Source: Business Line
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