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Capital India Finance Ltd ( (IN:CIFL) ) has issued an update.
Capital India Finance Limited has appointed Mr. Surender Rana, a seasoned banker with over 34 years of experience at State Bank of India, as Executive Vice Chairman to strengthen its leadership and accelerate growth in its core lending business. The company reported a significant increase in its financial performance for Q2 FY 2025-26, with an 11.43% growth in Assets Under Management and a 27% increase in disbursements, alongside maintaining a healthy capital adequacy ratio and low debt-to-equity ratio. The sale of its housing finance subsidiary for ₹ 266.53 crore is expected to enhance its capital strength and focus on core operations.
More about Capital India Finance Ltd
Capital India Finance Limited is a listed non-deposit taking Middle Layer Non-Banking Financial Company (NBFC) focusing on scalable, governance-led growth in the lending sector. The company is known for its core lending business and has recently divested its housing finance subsidiary to sharpen its focus.
Average Trading Volume: 107,756
Technical Sentiment Signal: Buy
Current Market Cap: 13.35B INR
Learn more about CIFL stock on TipRanks’ Stock Analysis page.