Equirus Group secured Reserve Bank of India approval. It will enter non-banking finance. This marks the launch of Equirus Finance. The group can now operate as a non-deposit-taking NBFC. This adds a credit platform. It complements wealth management, investment banking, and equities.
Equirus Finance will focus on tailored loans. Clients include wealthy individuals and families. Corporate promoters are also targeted. The company plans a loan book over ₹3,000 crore. It aims for diversification. Offerings include Loan Against Securities. ESOP financing is available. Market-linked debentures and structured finance are included. Other secured lending products will be offered.
Equirus Wealth manages over $2.2 billion. The new NBFC will use the firm’s expertise. It will utilize market relationships and client trust. This provides capital access alongside advice. Equirus Finance supports the “One Equirus” idea. It mixes financial advice with quick funding.
The group commits to RBI rules. It will prioritize transparency and risk control. Ethical lending practices are a focus. Management stated the RBI was thorough. The firm’s 18-year history was key. This track record showed client focus.
India’s finance sector sees demand for specialized loans. Regulations now allow bank and NBFC collaboration. Equirus Finance targets affluent clients. It aims for leadership in premium lending. This involves new products and strong compliance.
Equirus Finance combines advisory strength. It offers tailored credit solutions. This provides a single source for wealth and liquidity needs. India’s credit markets are growing. The firm expects its approach to build trust. It targets influential business leaders and wealthy families.