Aditya Birla Capital enters gold loan business, eyes 1,000 branches in 3 years
Mumbai: Aditya Birla Capital on Thursday entered the lucrative gold loan business, joining non-bank lending peers who are ramping up presence in the segment.
The Aditya Birla group’s financial services arm will build the business organically rather than taking the acquisition route. It plans to open up to 300 gold loan branches by end of FY27 across high-potential markets, with a target of 1,000 branches in three years.
