StockWatch
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Non Banking Financial Company (NBFC)
Partnership12 Nov 2026, 11:54 am

Emerald Finance Partners with Utkarsh Small Finance Bank for Gold Loans

AI Summary

Emerald Finance Limited has entered into a Direct Selling Agent (DSA) Agreement with Utkarsh Small Finance Bank. Under this agreement, Emerald Finance will act as a DSA to source Gold Loan business on a Pan India basis. This strategic partnership aims to expand Emerald Finance's operations across India by leveraging Utkarsh Small Finance Bank's network and resources in the gold loan vertical.

Key Highlights

  • Emerald Finance appointed as DSA for Gold Loans.
  • Partnership with Utkarsh Small Finance Bank.
  • Pan India expansion planned for Gold Loan vertical.
  • Aims to increase operational reach across India.