New Delhi, May 5 -- Non-banking financial company (NBFC) firm, IBL Finance stock, will be in the focus of stock market investors after the company announced that they have achieved a milestone of Rs.100 crore assets under management (AUM), according to an official release.
The non-banking lender also announced that they are working on collaborating with 36 national NBFCs as a part of its expansion plans, disclosed in the release.
Looking at the NBFC stock's AUM growth, IBL Finance's AUM was at Rs.17.85 crore as of the financial year ended 2022-23, then Rs.56.18 crore in the 2023-24 fiscal year, and lastly Rs.104.99 crore in the financial year ended 2024-25, as per the company data.
The company also announced that they are lending to pr...
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