SG Finserv Limited has received regulatory approval from the Reserve Bank of India (RBI) to operate under the Factoring Regulation Act, 2011. This approval marks a significant development for the finance sector company as it expands its service portfolio.

Regulatory Approval Details

The RBI's approval enables SG Finserv to engage in factoring business activities. Factoring involves the purchase of receivables from businesses, providing them with immediate cash flow while the factoring company assumes responsibility for collecting the outstanding amounts from debtors.

Business Implications

This regulatory clearance allows SG Finserv to diversify its financial services offerings beyond its existing operations. The factoring business provides an opportunity for the company to serve businesses requiring working capital solutions and cash flow management services.

The approval under the Factoring Regulation Act, 2011 ensures that SG Finserv will operate within the regulatory framework established by the RBI for factoring companies in India. This framework governs various aspects of factoring operations including capital requirements, operational guidelines, and compliance standards.

Market Position

With this approval, SG Finserv joins the regulated factoring industry in India, positioning itself to capitalize on the growing demand for alternative financing solutions among businesses. The factoring business model addresses the working capital needs of companies by providing immediate liquidity against their receivables.

SG Finserv Limited has reported its loan book totalling ₹32.11 billion for the third quarter of fiscal year 2026. This figure represents the company's total outstanding loan portfolio during the reporting period.

Loan Portfolio Performance

The financial services company disclosed its loan book size for Q3FY26, providing stakeholders with visibility into the scale of its lending operations. The ₹32.11 billion loan book reflects the total value of outstanding loans in the company's portfolio.

Business Overview

SG Finserve Limited operates in the financial services sector, focusing on lending activities. The reported loan book figure indicates the company's current lending portfolio size and provides insight into its business operations during the third quarter of fiscal 2026.

The disclosure of the loan book size serves as a key metric for understanding the company's lending business scale and portfolio management during the reporting quarter.