SG Finserv’s Recent NBFC License Acquisition
SG Finserv has recently made headlines with the acquisition of its Non-Banking Financial Company (NBFC) license. This significant milestone allows the company to broaden its lending capabilities and enhance its service offerings in the financial market. The move positions SG Finserv as a competitive player in the financial services sector, paving the way for future growth.
Projected Loan Book Expansion
Following the acquisition of the NBFC license, SG Finserv is projecting a substantial increase in its loan book. The company anticipates growth to reach an impressive ₹2,500 crores, a considerable rise from the previous ₹1,000 crores. This growth trajectory indicates SG Finserv’s aggressive strategy to expand its lending portfolio and cater to the increasing demand for financial solutions.
Long-Term Vision: A Target of ₹6,000 Crores by 2027
Looking ahead, SG Finserv has set an ambitious target of soaring to a loan book of ₹6,000 crores by the year 2027. This visionary approach reflects the company’s commitment to delivering quality financial services and sustaining long-term growth. With the newly obtained NBFC license, SG Finserv is poised to leverage opportunities in a dynamic market and facilitate its growth objectives. Investors and stakeholders alike can look forward to an exciting journey as SG Finserv embarks on this ambitious growth path.