Finkurve Financial Services Surpasses Rs. 1,035 Crore AUM Milestone
Filing Summary
Finkurve Financial Services Limited has announced that it has exceeded Rs. 1,035 crore in Assets Under Management (AUM), marking a substantial increase compared to the previous fiscal year. This growth is attributed to portfolio expansions and disciplined underwriting practices. The company operates over 100 branches across four states, serving more than 50,000 customers. Finkurve focuses on gold loans and has invested in technology to enhance operational efficiency. The company remains committed to sustainable expansion and asset quality discipline within India’s secured lending ecosystem.
Finkurve Financial Services Limited has reported that it has crossed Rs. 1,035 crore in Assets Under Management (AUM). This marks a significant increase, nearly tenfold compared to the fiscal year 2023. The company attributes this growth to consistent portfolio expansions and disciplined underwriting practices. Finkurve operates within India’s secured lending ecosystem, focusing primarily on gold loans.
The company’s financial growth is reflected in its substantial increase in AUM, which has surged by nearly ten times compared to the previous fiscal year. This milestone highlights Finkurve’s strategic focus on expanding its portfolio while maintaining disciplined underwriting practices. The company has invested in technology-enabled processes to streamline loan servicing and improve operational efficiency. These efforts have contributed to the company’s ability to enhance customer accessibility and trust.
Finkurve’s operational scope includes a presence across four states with over 100 branches. The company serves a growing customer base of more than 50,000 individuals. Finkurve’s focus on gold loans forms the majority of its AUM, positioning it as a leading non-banking financial company (NBFC) in this segment. The company also offers personal loans and has partnerships with fintech companies to expand its financial solutions. Finkurve’s strategic tie-up with Augmont Goldtech, a fully integrated gold platform, further supports its position in the market.
The company’s growth strategy emphasizes sustainable expansion and asset quality discipline. Finkurve remains focused on long-term value creation within India’s growing gold loan ecosystem. The company continues to strengthen its footprint in the secured retail lending segment, supported by prudent loan-to-value norms and a strong focus on collateral-backed lending.
Finkurve Financial Services Limited, also known by its brand name Arvog, was established in 1984 as Sanjay Leasing Ltd. The company obtained its NBFC license in 1998 and was acquired by the promoters in 2010. Finkurve is registered with the Reserve Bank of India as a non-deposit-taking, mid-layer NBFC. The company is committed to providing accessible, technology-driven financial services to a broad customer base across India.