ALPHA TRIBE

Capital India Finance LtdImportant, 31-08-2026: Company Update

31-08-2026 | 06:49 pm

Capital India Finance's board has approved transferring its RemitX Forex division assets to Kanji Forex Private Limited, a Niyo entity, subject to approvals. This strategic move aims to sharpen CIFL's focus on its core lending business, simplifying its portfolio. The company's lending operations show strong momentum, with Q1 FY27 total income rising 32% year-on-year to Rs 69.53 crore, disbursements up 36% year-on-year, and AUM growing 20% year-on-year. CIFL maintained a robust Capital Adequacy Ratio of 43.58% and expanded its branch network to 46 locations, reflecting strong growth and a clearer strategic direction for shareholders.

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