Godrej Capital, the financial services arm of the furniture to aviation group, expects to more than double its loan book to Rs 12000 crore by the end of fiscal year from Rs 5500 crore currently led by growth in loans to micro, small and medium enterprises (MSMEs). The late entrant into finance among storied business groups in India, started operations only in November 2020 and also expects to expand in the crowded mortgage market in India, CEO Manish Shah said.
Godrej Capital, a late entrant into finance among storied business groups in India, started its operations only in November 2020 and expects to expand in the crowded mortgage market in India. The company has two separate arms, Godrej Housing Finance for home loans and Godrej Finance to lend to MSMEs.
