Unimoni Financial Services aims to reach a Rs1000 crore gold loan book by FY25, targeting India's untapped market.
Unimoni Financial Services aims to reach a Rs1000 crore book by FY25, targeting India's untapped gold loan market. Less than 10% of the country's gold stock is currently used for lending purposes, which the CEO sees as a significant opportunity. The company is introducing women-friendly schemes and long-term bridge loans to attract customers. They plan to open 100 more branches to expand their market presence.
March 21, 2024
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