StockWatch
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Non Banking Financial Company (NBFC)
New Launch22 Oct 2026, 08:50 pm

Purple Finance Launches 3 New Lending Products

AI Summary

Purple Finance Ltd announced the launch of three new lending products following a Board of Directors meeting on October 22, 2026. The new offerings include "PURPLE SARAL" (unsecured lending for MSMEs, launching Nov 1, 2026), "SAKSHAM LAP" (secured lending for MSMEs, launching Oct 28, 2026), and a new institutional lending product for NBFCs in the MSME sector (launching Oct 28, 2026). The company also approved the shifting of its registered office effective October 23, 2026. Unaudited financial results for the quarter and half-year ended September 30, 2026, were also reviewed.

Key Highlights

  • Launched two MSME-focused lending products: PURPLE SARAL and SAKSHAM LAP.
  • Introduced a new institutional lending product for NBFCs.
  • Registered office shifted effective October 23, 2026.
  • Board reviewed unaudited financial results for Q2 FY27.