Finkurve Financial Services Limited has informed the Exchange regarding a press release dated March 11, 2026, titled "Submission of Press Release under Regulation 30 of SEBI (LODR) Regulations, 2015".
FINKURVE · price
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Finkurve Financial Services (brand: Arvog), a tech-first gold loan NBFC, announced it has crossed Rs. 1,035+ crore in Assets Under Management, representing nearly 10x growth compared to FY23. The company operates across 4 states with over 100 branches and a customer base of more than 50,000. Growth has been driven by disciplined underwriting, prudent loan-to-value norms, collateral-backed lending, and technology-enabled processes. The company also offers personal loans through fintech partnerships and has a strategic tie-up with Augmont Goldtech. Director Priyank Kothari stated the milestone reflects a stable, scalable gold loan platform focused on balancing growth with asset quality and capital prudence.
Positive milestone signaling strong business expansion and rapid AUM scaling for shareholders. The 10x growth in AUM over ~3 years highlights aggressive growth, though investors should monitor asset quality and capital adequacy as the loan book expands further.