Capri Global Capital is targeting asset under management (AUM) of more than
₹15,000 crore with 33% or
₹5,000 crore contribution from gold loan book for the financial year 2025.
Sharma is confident of achieving the AUM milestone through strategic initiatives and partnerships, including plans to disburse ₹10,000 crore in car loans. Next year's car loan target will be about ₹12,000 crore, he said.
He he highlighted that a higher percentage of gold loan lending would contribute to improving the company's net interest margins (NIMs).
“Since gold loan lending is happening in the range of about 17% plus, that is where our NIMs will keep improving. More and more proportion of our lending book increases, our NIMs will increase,” he said.
Sharma believes,
Reserve Bank of India (
RBI’s) new guidelines on improvement in risk weight will have an impact on the company. The cost of incremental borrowing is going to increase by another 15-25 basis points (bps) depending on bank to bank, he said.
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(Edited by : Shweta Mungre)