Deals17 Dec 2025, 07:14 pm
SG Finserve Ltd Receives RBI Approval for Factoring Business
AI Summary
SG Finserve Ltd has received approval from the Reserve Bank of India (RBI) to undertake factoring business. The approval is subject to certain additional conditions, which will be communicated to the company separately. The company is required to comply with all conditions and take necessary steps to operationalize the factoring business in accordance with the applicable regulatory framework.
Key Highlights
- SG Finserve Ltd receives approval from RBI for factoring business
- Approval is subject to certain additional conditions
- Company required to comply with all conditions and operationalize the factoring business as per regulatory framework