UGRO Capital has been granted Certificate of Registration (CoR) by Reserve Bank of India (RBI) to commence and carry out the factoring business. The said CoR was received by the Company on January 10, 2024.
The license to carry on factoring business will enable the Company to walk further towards its mission, to cater to the credit needs of the MSMEs in India, by exploring various business opportunities including seeking empanelment as financier with the TReDS platforms. Such empanelment shall help the Company to leverage its reach and expertise into the MSME sector with an institutionalized and secured approach.
UGRO Capital is a BSE listed, small business lending fintech platform.
Company Name | CMP |
---|---|
Bajaj Finance | 7582.65 |
Shriram Finance | 3538.05 |
Aditya Birla Capital | 228.55 |
SBI Cards AndPayment | 786.80 |
Mah & Mah Finl. Serv | 321.60 |
View more.. |