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Gold loan NBFC Indel Money looks to strengthen presence in western, central India

In FY23, Indel Money witnessed an unprecedented over 250 percent growth in disbursement compared to that of FY22. The company disbursed loans worth around Rs.3000 crore in FY23 with a monthly disbursement average of Rs. 250 crore in comparison to disbursement of Rs. 1050 crore in FY22. Gold loans take up 92 percent of its loan portfolio.
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