ARC Finance Ltd. Plans Major Expansion, Board to Meet to Consider Sub Division into FV of Re.1

New Delhi (India), February 5: BSE listed, ARC Finance Ltd, a NBFC, Non Deposit taking Non Banking Finance Company engaged primarily in the business of advancing loans and investing/trading in securities has informed the BSE that its board will meet on February 11th 2022 to consider proposal for sub division of equity shares of Rs.10 each to Re.1 each.

The Company has been able to give the significant upward performance in terms of Sales, Profitability from the last five years. The financial parameters of the company are the indicators of its performance and the company has been able to outshine and stand among the other players in the Finance Industry.

Finance company offers loans in various segments including small scale and large scale industries for affordable rates. The company is also offering Micro finance loans in different sectors.

Company offers loans to the customers for their expansions of business and widely operates in very large scale in terms of financing and rendering financial services to their customers. The company operates from branches in urban, semi-urban & rural areas of Maharashtra and Gujarat, Eastern India, etc. with own offices, direct selling agents and business partners.

ARC has a strong Loan book too which it is planning to increase in coming time very shortly.

As per a recent survey, Non-banking finance companies (NBFCs) continue to grow in the personal loan (PL) segment in volume terms, doubling their market share in the last two years up, whereby companies like Comfort would tend to be benefitted substantially. Also this helps in expanding their borrower base rapidly and provides cross-sell opportunities for other financial products & services.

With the Budget laying thrust on infra related sector, ARC would tend to benefit as its loan and financing to infra sector could improve substantially.

Related Posts

Mealawe Secures USD 1 Million in Funding to Revolutionize Daily Food Delivery Across India

Pune (Maharashtra) [India], February 06: Mealawe, a pioneering food-tech company, has raised $1 million in funding from a mix of Foreign Direct Investment (FDI), a network of Shark Tank founders,…

SRK sets new sustainability benchmarks with industry-leading carbon reduction

Surat (Gujarat) [India], February 06: Shree Ramkrishna Exports (SRK), a global leader in natural diamond crafting and exports, has set a new benchmark in sustainability by achieving a 34% reduction…

You Missed

Jainam Broking Ltd. Gears Up for Landmark Indian Options Conclave in Surat, Witnessed by 10,000+ Traders

  • February 6, 2025
Jainam Broking Ltd. Gears Up for Landmark Indian Options Conclave in Surat, Witnessed by 10,000+ Traders

Union Budget 2025 – Progressive and Growth-Oriented – Chairman, MATEXIL

  • February 6, 2025
Union Budget 2025 – Progressive and Growth-Oriented – Chairman, MATEXIL

From Patna to the Big Leagues: How Three Friends Are Revolutionizing the Ticketing Industry with BookNow

  • February 6, 2025
From Patna to the Big Leagues: How Three Friends Are Revolutionizing the Ticketing Industry with BookNow

Decima Technologies Becomes First Artificial Super Intelligence (ASI) Company, Valued at USD 700 Billion

  • February 5, 2025
Decima Technologies Becomes First Artificial Super Intelligence (ASI) Company, Valued at USD 700 Billion

Global Coffee Chain Makes Indian Debut: Jamaica Craft Cafe Opens Premier Outlet at Motia Guildford Square

  • February 5, 2025
Global Coffee Chain Makes Indian Debut: Jamaica Craft Cafe Opens Premier Outlet at Motia Guildford Square

What’s So Unique About Online MBA? Uncover How It Boosts Your Career

  • February 5, 2025
What’s So Unique About Online MBA? Uncover How It Boosts Your Career