MoneyWorks4Me

Reliance Capital to treble lending to SMEs, consumer finance to Rs 50,000 crore in 3 years

31 Jul 2017 Evaluate

Reliance Capital will treble its lending book towards small and medium enterprises (SMEs) as well as consumer finance to Rs 50,000 crore in the next three years. The company will leverage technology and digital platform in a big manner for an accelerated growth in lending business and simultaneously focus on under-served tier 2 and 3 towns and cities for achieving targeted growth in the lending business.

Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services companies. It ranks amongst the top private sector financial services and banking groups, in terms of net worth.



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