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

Purple Finance Launches New MSME Lending Products

AI Summary

Purple Finance Ltd announced the launch of two new MSME-focused lending products: "PURPLE SARAL" (unsecured lending, launching Nov 1, 2026) and "SAKSHAM LAP" (secured lending, launching Oct 28, 2026). Additionally, a new institutional lending product for NBFCs in the MSME sector will be launched on Oct 28, 2026. These products aim to cater to the full spectrum of the MSME sector. The company also approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with a limited review report. The registered office of the company will be shifted effective October 23, 2026.

Key Highlights

  • Launched two new MSME lending products: PURPLE SARAL and SAKSHAM LAP.
  • Introduced a new institutional lending product for NBFCs.
  • Approved unaudited financial results for Q2 FY27.
  • Shifting registered office to a new Mumbai address.