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L&T Finance Ventures into Gold Loan Market with Rs 537-Crore Acquisition of PMFL

2025-02-07moneycontrol.com
L&T Finance Ventures into Gold Loan Market with Rs 537-Crore Acquisition of PMFL

L&T Finance has made a significant foray into the gold loan business by acquiring PMFL's business for Rs 537 crore. This strategic move aims to bridge the gap in its portfolio with a secured high-yield product, catering to both rural and urban market ...undefined