Categories
Loading...
Categories
Moneyboxx Finance has reported a significant improvement in collection efficiency as of March 31, with notable gains across all loan categories, indicating a trend towards normalization. The company's total assets under management (AUM) reached approximately INR 929 crore, marking a 27% growth from the previous year, with secured loans comprising around 45% of this total. Additionally, the company raised INR 247 crore in debt during Q4, enhancing its capital position for future expansion. This update reflects Moneyboxx's strong growth potential, particularly in the secured lending space, which may foster positive investor sentiment moving forward.