Monday, July 13, 2026

Capri Global CEO Monu Ratra steps down with effect from January 19, 2026

Date:

Capri Global Capital on Monday, January 19,  announced the resignation of Monu Ratra as Chief Executive Officer, with effect from January 19, 2026, marking a senior management change at the non-banking financial company. The company informed stock exchanges that Ratra, who was appointed CEO in October 2025, has stepped down to pursue an entrepreneurial path, with his last working day set as January 31, 2026.Earlier this month, the company said it was targeting a gold loan asset base of ₹20 crore per branch in FY27, underlining its focus on expanding secured lending at the branch level. Management has also raised profit guidance, with profit now expected at around ₹900 crore in the current financial year and ₹1,300 crore in the next financial year, reflecting confidence in business momentum.

Mumbai-based Capri Global has further emphasised growth in the gold loan segment, aiming to leverage strong demand from rural and semi-urban markets. The company expects to close the current year with gold loan AUM of about ₹17 crore per branch. Rajesh Sharma, MD at Capri Global, said, “We have added more branches, from 835 branches, another 165 branches will complete addition by end of January. By the end of January, we intend to operate 1,000 branches of gold loan alone. This expansion will help grow our overall portfolio as well as the gold loan AUM.”
Also read: Capri Global targets ₹20 crore gold loan asset base per branch in FY27

Shares of Capri Global Capital closed at ₹177.50 on the NSE, down ₹2.15 or 1.20% for the day.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

India’s IPO market could raise $20 billion in 2026 despite global uncertainty: Equirus Capital

India's primary market is expected to raise $20 billion...

Reporting capital gains on equity and debt MFs? Here’s a step-by-step guide

दस्तावेज़ और धारण अवधिचूंकि पूंजीगत लाभ स्वतः-पॉप्युलेट नहीं होते...

Beijing is looking at curbing overseas access to China’s top AI models, sources say

Chinese authorities have held meetings with top tech firms...

Shares of this Vedanta entity could rise another 50% from current levels as per Motilal Oswal ‘bull case’

Shares of Vedanta Aluminium Metal Ltd. are seeing volatile...