Godrej Capital plans gold loan expansion to Rs 5,000 crore by 2031

Kiswahili

Godrej Capital has outlined plans to grow its gold loan book to Rs 5,000 crore. The target forms part of a broader strategy that includes increasing specialized branches and raising overall assets under management.

The company aims to reach the gold loan goal following its acquisition of Kanakadurga Finance's gold loan portfolio. It also plans to expand its network of specialized gold loan branches to 350 through deeper presence in current markets and new operations.

Godrej Capital separately targets an overall assets under management of Rs 1 lakh crore by 2031. These figures reflect the firm's stated growth objectives in the gold loan segment.

The plans were detailed in company announcements focused on its specialized lending operations in India.

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