Digital lending NBFC Clix Capital plans to disburse over ₹4,000 crore in the fiscal year 2022-23. The company has already disbursed over ₹15,000 crore since its rechristening from GE Capital 5 years ago.
“With a month-on-month targeted disbursal rate of more than ₹350 crore, the leading NBFC is well on its course to disburse over ₹4,000 crore in the next fiscal,” it said in a statement on Monday.
Clix Capital has been servicing individual borrowers and MSMEs, and has given out more than 50 lakh loans to date, it said, adding that a majority of the company’s disbursements have gone to MSMEs who have received about 48 per cent of these funds.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.