Northern Arc Capital Limited has informed the Exchange about Granting of license by RBI to carry on factoring business
NORTHARC · price
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Northern Arc Capital Limited has received approval from the Reserve Bank of India (RBI) to commence and carry on the factoring business. This is a new business vertical for the company, which will now be allowed to offer factoring services in addition to its existing operations. The approval was disclosed to the stock exchanges on June 11, 2025, under SEBI Listing Regulations. No specific financial impact, timeline, or capital allocation details were mentioned in the filing.
This regulatory approval opens a new revenue stream for Northern Arc Capital, potentially diversifying its business and supporting long-term growth, though the near-term impact on earnings is likely to be modest. It is a positive structural development for the company.