Equirus Group, a full-service financial powerhouse, has received the Reserve Bank of India’s (RBI) approval to launch its non-deposit taking Non-Banking Financial Company (NBFC), Equirus Finance, marking its entry into the lending business.
Equirus Finance aims to provide bespoke lending products like Loan Against Securities, ESOP financing, MLDs, Structured Finance and other customised secured finance products to its wealth clients & Investment banking clients, which include High-Net-Worth Individuals (HNIs), family offices, and corporate promoters.
Equirus Finance plans to enable financially astute liquidity solutions for its clients, thus enhancing the value of their long-term strategic investments. This strategic fitment creates a virtuous cycle: the Wealth Management team identifies client needs, and the NBFC provides tailored capital solutions, thereby deepening the overall client relationship and creating a more holistic service platform.
As a wealth-focused NBFC, Equirus Finance wants to create a powerful, integrated ecosystem that can seamlessly offer high-value credit products alongside its core investment advisory and portfolio management services.
The company aims to build a diversified loan book exceeding ₹3,000 crore in the near future.
Amit Arora. COO & Managing Director, Equirus Wealth said, “The application review and approval process clearly articulated the rigorous diligence, constructive engagement and professionalism from the team at Reserve Bank of India. We are happy for the trust & responsibility reposed on our 18-year track record in granting us this license.”
“We have built our reputation on providing insightful advice to our clients; now, with Equirus Finance, we can complement that advice with fund-based services. This integration aligns perfectly with our vision of creating a unified “One Equirus” experience for our clients whereby the platform provides capability of expert advisory insights backed by funding capabilities. We align thus move ahead on our Equirus 2.0 strategy of becoming India’s most trusted financial partner for entrepreneurs, corporates, and HNI families in India,” he further added.
