India's Aditya Birla Capital to enter gold loan market, targets 1,000 branches

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Aditya Birla Capital will enter India’s gold loan market soon. The company plans to open about one thousand dedicated branches over three years. This expansion aims to grow its secured lending business significantly. Elevated gold prices are boosting growth prospects for the gold loan industry. The firm will serve customers through physical branches and digital platforms.

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India's Aditya Birla Capital to enter gold loan market, targets 1,000 branches

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