Skip to content
Tuesday, March 28
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Sports
  • Press Release
The Prime Media

The Prime Media

Just another WordPress site

The Prime Media

The Prime Media

Just another WordPress site

  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Sports
  • Press Release
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Sports
  • Press Release
Trending Now
  • ICA Italian Wood Finishes – Good Taste Shows.
  • National CSR Network Hosts Successful Workshop on Social Return on Investment
  • Vaastu Mahaguru Basannt R Rasiwasia receives the coveted MEGA Foundation Award for ReVaastu
  • The much awaited theater play “7:40 ki Ladies Special” was sensational at its debut. The play was presented by renowned film maker Mr Mahesh Bhatt and produced by Mr Sandip Kapur
  • Charting New Paths: Eligarapu Chandrasekhar expands his entrepreneurship in the Overseas Career Guidance in Helping Students to Reach Their Full Potential with Fuera Global Services
  • Gaurav Shetty Aces at Redefining Hospitality Management
Home>>Business>>ARC Finance Ltd. Plans Major Expansion, Board to Meet to Consider Sub Division into FV of Re.1
Business

ARC Finance Ltd. Plans Major Expansion, Board to Meet to Consider Sub Division into FV of Re.1

The Prime India Online Desk
February 5, 2022

New Delhi (India), February 5: BSE listed, ARC Finance Ltd, a NBFC, Non Deposit taking Non Banking Finance Company engaged primarily in the business of advancing loans and investing/trading in securities has informed the BSE that its board will meet on February 11th 2022 to consider proposal for sub division of equity shares of Rs.10 each to Re.1 each.

The Company has been able to give the significant upward performance in terms of Sales, Profitability from the last five years. The financial parameters of the company are the indicators of its performance and the company has been able to outshine and stand among the other players in the Finance Industry.

Finance company offers loans in various segments including small scale and large scale industries for affordable rates. The company is also offering Micro finance loans in different sectors.

Company offers loans to the customers for their expansions of business and widely operates in very large scale in terms of financing and rendering financial services to their customers. The company operates from branches in urban, semi-urban & rural areas of Maharashtra and Gujarat, Eastern India, etc. with own offices, direct selling agents and business partners.

ARC has a strong Loan book too which it is planning to increase in coming time very shortly.

As per a recent survey, Non-banking finance companies (NBFCs) continue to grow in the personal loan (PL) segment in volume terms, doubling their market share in the last two years up, whereby companies like Comfort would tend to be benefitted substantially. Also this helps in expanding their borrower base rapidly and provides cross-sell opportunities for other financial products & services.

With the Budget laying thrust on infra related sector, ARC would tend to benefit as its loan and financing to infra sector could improve substantially.

Related tags : Business

Previous Post

Ixigo eyes mega IPO backed by Budget boost to rail infra & hospitality

Next Post

Sagacious IP Certified as a Great People Manager Company

Related Articles

Business

K Raheja Corp Homes making ultramodern abode for Pune’s new-age customers

Business

7 Best Denver Products to gift this International Men’s Day

Business

Denmark’s Solid Hardwood Flooring brand, JUNCKERS opens its India office and Design Studio in New Delhi

Business

IMS Ghaziabad (University Courses Campus) Urges Government to Prioritize Basic Research Funding for Technological Advancement

Business

Cryptocurrency OR Tricktocurrency: Save yourself from these Crypto Scams

Recent Posts

  • ICA Italian Wood Finishes – Good Taste Shows.
  • National CSR Network Hosts Successful Workshop on Social Return on Investment
  • Vaastu Mahaguru Basannt R Rasiwasia receives the coveted MEGA Foundation Award for ReVaastu
  • The much awaited theater play “7:40 ki Ladies Special” was sensational at its debut. The play was presented by renowned film maker Mr Mahesh Bhatt and produced by Mr Sandip Kapur
  • Charting New Paths: Eligarapu Chandrasekhar expands his entrepreneurship in the Overseas Career Guidance in Helping Students to Reach Their Full Potential with Fuera Global Services

Recent Comments

    © 2023 The Prime Media | WordPress Theme Ultra News
    • Business
    • Entertainment
    • National
    • Lifestyle
    • Education
    • Sports
    • Press Release