Aditya Birla Capital Forays into Gold Loans, Plans 1,000 Branches in 3 Years

MUMBAI: Aditya Birla Capital on Thursday announced its entry into the gold loan business, joining other non-bank lenders expanding their presence in the segment. The company plans to build the business organically, targeting 1,000 gold loan branches over the next three years. It will initially open up to 300 branches by the end of FY27 across high-potential markets, according to an official statement.