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    Aditya Birla Capital looks set to gain from loan expansion, digital initiatives

    Synopsis

    ABCL is the financial division of the Aditya Birla group, which holds around 69% stake in the company. It offers financial services across diverse segments including corporate and personal loans, housing finance, life and health insurance, and investments through various subsidiaries.

    ET Intelligence Group: The stock of Aditya Birla Capital (ABCL) has gained nearly 16% in April so far compared with a drop of 0.7% in the ET NBFC index. The company is expected to deliver strong growth driven by its nonbanking financial services (NBFC) arm given its focus on expanding branch presence and digital platform. On Tuesday, the company launched a multichannel platform to consolidate various financial offerings to drive future
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    The Economic Times