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The Economic Times
The Economic Times

Godrej Capital enters gold loan business with Kanakadurga Finance acquisition

Godrej Capital Gold Manish Shah

Mumbai, Godrej Capital, the financial services arm of the Godrej Group, on Wednesday announced the acquisition of the gold loan business of Kanakadurga Finance through its subsidiary Godrej Finance for an undisclosed sum.

The maiden acquisition by the company is aimed at strengthening its presence in the consumer finance segment, according to an official statement.

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