Finkurve Financial Services Ltd — Important, 31-03-2026: Company Update
31-03-2026 | 11:34 am
31-03-2026 | 11:34 am
Finkurve Financial Services has received credit ratings from CARE Ratings. The company's Non-Convertible Debentures of 150 Cr and Long-Term Bank Facilities of 300 Cr have been assigned a 'CARE BBB+; Stable' rating. This rating reflects strong capitalisation, supported by a recent equity infusion of 111.5 Cr, and the promoter's solid track record in the gold industry. Operations are expanding, with Assets Under Management reaching 833 Cr. The stable outlook considers the company's growth in its predominantly secured gold loan book, experienced management, and adequate capital. Key challenges include its relatively small scale and geographical concentration.
No comments yet. Be the first to comment!
