Yogakshemam Loans Ltd, a Thrissur-based NBFC, is foraying into vehicle financing, MSME lending and gold loan disbursals.
The company has raised ₹23 crore by way of rights issue from its existing shareholders to use the increased equity for new ventures. With this infusion, the company’s equity base has gone up to ₹45 crore, I.Unnikrishnan, Managing Director and CEO, said
Yogakshemam plans to emerge as the best professionally run diversified NBFC during the next five years. With this objective, he said the senior management of the company has been strengthened by inducting experienced professionals and subject experts.