Capital Trust Limited — Updates, 26-12-2024: Press Release

Capital Trust Limited has ventured into the secured loans segment, disbursing its first secured loan in December 2024, aimed at enhancing financial inclusion in rural India. The loan amounts range from ₹2,00,000 to ₹10,00,000 and are targeted strictly for business purposes. The company plans to extend these loans through its own books as well as through co-lending and partnerships. Chairman and Managing Director, Mr. Yogen Khosla, emphasized the company's strategic move into rural markets, balancing secured and unsecured lending to ensure stability and growth. Additionally, the Board of Directors has approved a rights issue to further strengthen financial backing for its strategic initiatives. This move signals a positive outlook as Capital Trust aims to leverage its historical presence in rural finance to drive growth.