| SME Retail Lending | Micro and small ticket secured loans to kirana stores, traders, schools, and salaried individuals backed by collateral. | Strong local market knowledge, digital-first operating model, and niche focus on underserved SME retail borrowers. | Primarily B2B focused on unbanked small and medium entrepreneurs and self-employed individuals. | Small ticket loans to kirana stores and salaried individuals with efficient on-boarding drive higher margins. | 453 | 31 | Interest income from flexible term loans and processing fees. | Loan interest rates between 16%-22%, customized per credit risk and product type. | Expanding branch network, digital onboarding, focused underwriting with alternative data increasing penetration into underserved markets. | |
| Wholesale Lending | Structured secured loans to real estate developers, construction loans against plotted projects, and loans against securities. | Deep NCR real estate expertise, strong risk management, and on-ground project monitoring ensuring low defaults. | B2B clients in real estate development and corporates predominantly in NCR region. | Large structured loans with strong collateral security and escrow backed collections. | 1007 | 69 | Interest income from medium to large ticket loans primarily to real estate and mid-sized corporates. | Customized lending rates on structured loans with long tenures and collateral backing. | Robust project monitoring, niche real estate expertise, and last-mile funding solutions for developers. | |
