💨 Abstract

Surat-based IBL Finance Limited, a technology-driven NBFC, has achieved over Rs. 100 crore in Assets Under Management (AUM) and is collaborating with 36 national NBFCs for expansion. The company, focused on MSME lending, has launched a new vertical to lend to profitable NBFCs, strengthening its financial stability and asset quality.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖