The thrust of the consumer lending business would be to cater to the aspirational needs of young Indians for Personal loans as well as to meet the funding requirements of small and medium businesses i.e Business Loans. The process of building the digital platform to dispense credit to this attractive high yield segment is also underway.
Indiabulls Ventures Limited, as a sponsor, owns 100% equity in ARC, and has already infused Rs.100cr as equity in it. Company has recently been granted the Certificate of Registration (COR) by the Reserve Bank of India, and the operation shall commence, shortly. This business offers a very attractive opportunity given the current thrust and resolve of the Government and RBI to resolve the stressed assets situation in the banking industry.
With its Customer Centric services like dedicated Relationship Managers for providing need based Solutions and Site Visit assistance, Customer Care, Home Loan support with best rates and zero brokerage, IIAL is committed to fulfil every client’s home-buying dreams. Home buyers can access updated information on various projects marketed by IIAL through portal www.ibhomesearch.in.