MoneyWorks4Me

Capital Trust ventures into secured loans

26 Dec 2024 Evaluate

Capital Trust has ventured into secured loans by disbursing its first secured loan in December 2024, marking a significant step in its mission to enhance financial inclusion in rural India. The loan offerings will range from Rs 2,00,000 to Rs 10,00,000 and will cater exclusively to business purposes. 

The company plans to extend secured loans through its own books as well as through co-lending and partnership models. In a related development, the Board of Directors of Capital Trust recently approved a rights issue, further strengthening the company’s financial base to support its strategic initiatives.

Capital Trust, an RBI-registered NBFC, has been instrumental in driving financial inclusion in rural India by providing income-generating loans to MSMEs.

Peers
Company Name CMP
Bajaj Finance 1024.00
Shriram Finance 1016.00
Aditya Birla Capital 403.00
Tata Capital 343.55
Chola Invest & Fin. 1779.90
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