Capital Trust Opens Gurugram Gold Loan Branch

MT Newswires Live

02/16

Non-banking finance company Capital Trust (NSE:CAPTRUST, BOM:511505) has opened a new gold loan branch in Gurugram, Haryana, India, taking the total number of operational gold loan branches to three, according to an Indian bourse filing on Saturday.

Shares of the company fell nearly 2% in Monday's trade.

The company said it plans to add more branches in the Delhi-NCR region.

The company has also commenced co-lending in the gold loan segment with another undisclosed non-banking finance company, with additional partnerships in the pipeline, the filing said.

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