Godrej Capital: Godrej Industries launches Godrej Capital! скачать в хорошем качестве

Godrej Capital: Godrej Industries launches Godrej Capital!

This video is in Hindi and covers the following topics: Godrej Industries launches Godrej Capital! Godrej Industries, Godrej Capital में ₹1500 Crore Invest करेगी Godrej Industries is a holding company of the Godrej Group. Have significant interests in consumer goods, real estate, agriculture, chemicals and financial services through subsidiary and associate companies, across 18 countries. Godrej Industries has the following divisions Godrej Agrovet Godrej Consumer Products Godrej Properties Godrej Chemical Godrej Housing Finance Godrej Investment Advisors At a time when the non-banking finance companies (NBFC) sector is seeing a consolidation mainly on account of reducing regulatory arbitrage between banks and non-banks, the Godrej Group is confident it can crack the financial services space with its established brand presence and deep pockets. The Group on April 11 announced the launch of its financial services arm Godrej Capital Limited, which will also act as the holding company of Godrej Housing Finance and Godrej Finance. In order to achieve the target of Rs 30,000 crore assets under management in four years, the Group is infusing Rs 1,500 crore into its financial services venture this month and expects further investment of Rs 3,500 crore into Godrej Capital mainly by the parent company by 2026 Pirojsha Godrej (chairman of Godrej Capital) exuded confidence that as the financial services arms grow bigger in size, the Group will look to foray into more diverse segments like mutual funds and insurance. Godrej Finance held a non-banking finance licence since 1998 but was never active in lending business. In October 2020, the group launched its housing finance business that catered to only Godrej customers Presently, Godrej Housing Finance has a loan book of Rs 1,800 crore of which 25 percent consists of loans against property and the rest in housing loans. Going ahead, the Group aims to achieve a portfolio mix where 35-40 percent of advances are loans against property, 35-40 percent consists of prime housing and the remaining is split between unsecured loans and the affordable housing segment. NBFC will look towards co-lending and co-origination partnerships as informal channels of growth On a question on whether the eventual goal of the NBFC would be to seek a banking licence, Pirojsha Godrej said that options remain untouched at this point. Godrej Capital currently has its footprint across Mumbai, Bengaluru, Delhi NCR, Ahmedabad, and Pune It will also be operational in six new cities – Jaipur, Chandigarh, Hyderabad, Chennai, Indore and Surat The business also aims to grow its team by 50 per cent to ~500 people in this financial year to fulfill business and geographic vision.