Clix Capital plans to lend over ₹4,000 crore in FY23

BL Mumbai Bureau Updated - March 07, 2022 at 01:03 PM.

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.

Published on March 7, 2022 07:33

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.