Catching The NBFC Wave
Just why NBFC is the latest holy grail in financial services.
Just why NBFC is the latest holy grail in financial services.
Legacy conglomerates grab emerging opportunities to ride the next decade of growth.
The lending market in India grew by 11.1% to ₹174.3 lakh crore in March 2022.
Godrej Industries will infuse ₹1,500 crore in the new business and an additional ₹5,000 crore as equity investments by 2026, to build an NBFC with ₹30,000 crore balance sheet size.
Godrej commits ₹1,500 crore investment in its financial services business.