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Bloomberg Quint

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Poonawalla Fincorp Ventures Into Gold Loan Business, Expands Secured Lending Portfolio

  • Poonawalla Fincorp enters gold loan business and expands its secured lending portfolio.
  • The NBFC plans to open 400 new branches in Tier 2 and Tier 3 cities over the next four quarters.
  • The gold loan offering provides secure financing for diverse financial needs, with faster approvals and multiple repayment options.
  • Poonawalla Fincorp aims to enhance customer experiences and address financial needs through regional outreach and tailored solutions.

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