| Commercial Lending Division | Traditional commercial loans, asset financing, and hire purchase services. | Established lending experience, risk management expertise. | Small to medium enterprises and commercial borrowers; B2B focus. | Commercial loans with controlled risk spreads. | 0 | 3 | Interest income from loans and financing services. | Interest rate-based on loan terms and credit risk. | Demand for SME financing and diversification of loan portfolio. | |
| Digital Lending Division StuCred | Instant, short-term digital loans via mobile application. | Partnership with HDFC Credila, in-house AI credit evaluation, seamless digital platform. | Students and retail consumers; primarily B2C market. | Digital lending via StuCred app showing strong profitability. | 8 | 97 | Interest from digital lending; technology-driven loan disbursal. | Interest-based, with flexible loan tenures, facilitated digitally. | Fintech adoption, technology innovation, student loan partnerships. | StuCred |
