Capri Loans Celebrates 1,000 Gold Loan Branches, Bolstering Credit Access
Capri Global Capital Limited has expanded its Gold Loan business to over 1,000 branches across 16 states and Union Territories in India. This milestone strengthens last-mile credit access, with a significant presence in Rajasthan, Uttar Pradesh, and Gujarat. The Gold Loan segment has an AUM of over ₹16,960 crore.
The expansion to 1,000 branches indicates a substantial increase in the company's operational footprint and market penetration, which could lead to increased business and revenue, thus having a medium impact.
The announcement highlights a significant business expansion and achievement (crossing 1,000 branches), which is a positive development for the company's growth and market reach.
Capri Global Capital Limited (CGCL), operating as Capri Loans, has achieved a significant milestone by expanding its Gold Loan branch network to over 1,000 branches across India. This expansion aims to enhance last-mile credit accessibility and reinforce the company's nationwide presence.
The company's operations now span 16 states and Union Territories, with a notable concentration in key markets like Rajasthan (168 branches), Uttar Pradesh (136), Gujarat (134), Madhya Pradesh (117), and Haryana (108). This extensive network facilitates convenient access to quick, secure, and transparent gold-backed financing for customers.
Rajesh Sharma, Managing Director of Capri Global Capital Ltd., stated that reaching 1,000 branches is a defining moment in building an accessible lending franchise, with significant inroads made into the South. He emphasized the vital role of Gold Loans in providing quick liquidity and reiterated the company's commitment to responsible growth, trust, transparency, and convenience.
The Gold Loan segment, initiated in 2022, is a key growth driver with an Assets Under Management (AUM) exceeding ₹16,960 crore. This expansion aligns with CGCL's broader vision of financial inclusion and bridging the credit gap through its branch-led distribution strategy.
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Capri Global Capital Limited filed this with the NSE as a statutory disclosure, categorised under business responsibility and sustainability report (brsr). It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Capri Global Capital Limited. Read the original for the full detail.