Business Standard

SORIL Infra Resources plans foray in lending business in rural markets

Image

Capital Market
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

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News