Capital Trust Ltd has marked its entry into the gold loan business with the inauguration of its first dedicated gold loan branch in Aligarh, Uttar Pradesh. This strategic move signifies the company's expansion into secured lending, complementing its established micro and small enterprise credit services.
Key Highlights of The New Venture
Official launch of gold loan business targeting urban and semi-urban customers.
Adoption of the RBI Gold Loan Directions, 2025, ensuring adherence to updated regulatory norms.
Approach focuses on meeting growing demand for reliable and convenient secured credit.
Strategic goal to gradually develop a secured lending portfolio through gold loans.
Company management views this diversification as strengthening the overall business framework.
Anticipated benefits include balancing lending mix and boosting long-term growth prospects.
This launch not only diversifies Capital Trust's portfolio but positions the company to capture increasing credit needs in key markets, underpinned by robust compliance and focused customer outreach. The financial sector will closely watch how Capital Trust leverages this new secured lending segment to enhance its growth trajectory.
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