Don’t miss the latest developments in business and finance.

SORIL Infra Resources plans foray in lending business in rural markets

Image
Capital Market
Last Updated : Dec 13 2018 | 9:50 AM IST
SORIL Infra Resources announced that to participate in the lending opportunities in unserved rural India, the Company has initiated the process to foray into financial services business with primary focus on providing financial services in rural India. For this, the Company has started the necessary process of acquiring an existing NBFC (subject to necessary compliances and approvals), as wholly owned subsidiary of the Company, to undertake lending business in the rural markets.

Powered by Capital Market - Live News

Also Read

First Published: Dec 13 2018 | 9:35 AM IST

Next Story