Board meeting on July 29 to consider new lending business lines
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NCL Research and Financial Services, currently an NBFC, has called a board meeting on July 29, 2026 to consider adding new business activities. Proposed additions include digital personal loans, salary-based personal loans, loans for self-employed professionals, consumer finance solutions, and other permissible retail lending products. The board may also alter the Memorandum of Association to support these new activities. No financial details or expected impact have been disclosed yet.
Potential diversification into retail lending could broaden revenue mix, but adds execution and regulatory risk. Await board outcome on July 29.