Ugro Capital is aiming to double its loan book to around Rs 7,000 crore by the end of this fiscal (FY23) as it expands co-lending tie-ups. At present, the company has a loan book of Rs 3,650 crore, growing from Rs 1,375 crore a year ago on the back of a record disbursal of Rs 1,359 crore in the first quarter of FY22.
The company has entered into co-lending pacts with State Bank of India, Bank of Baroda, IDBI Bank, Central Bank of India, Indian Overseas Bank, Punjab & Sind Bank as well as with a few private sector lenders, small finance banks and non-banking lenders.
Ugro Capital is engaged in providing financial services.
