Aditya Birla Capital Limited (ABCL) has inaugurated its 100th dedicated Gold Loan branch, marking its official entry into the Mumbai market. The company plans to expand to over 1,000 branches nationwide within the next three years, targeting high-potential markets. The Gold Loan business has already achieved an Assets Under Management (AUM) of ₹200 crore as of September 30, 2026.
Aditya Birla Capital Expands Gold Loan Footprint
Aditya Birla Capital Limited (‘ABCL’), a leading diversified financial services company, has announced the inauguration of its 100th dedicated Gold Loan branch. This milestone also signifies the company’s strategic entry into the bustling Mumbai market, with the opening of branches in Santacruz and Andheri. These new branches aim to serve a growing customer base in one of India’s key economic hubs.
Strategic Market Entry and Growth Plans
The expansion into Mumbai and Maharashtra is driven by the region’s strong performance in the gold loan sector. According to TransUnion CIBIL, Maharashtra recorded a 40% year-on-year growth in gold loan origination volumes in 2025. ABCL’s ambitious plan includes a phased rollout of 200-300 dedicated branches by March 2027 and scaling up to over 1,000 branches nationwide in the next three years. The Gold Loan business had already amassed an Assets Under Management (AUM) of ₹200 crore as of September 30, 2026, demonstrating significant early traction.
Leadership Vision and Customer Focus
The new branches were inaugurated by Ms. Vishakha Mulye, Managing Director & CEO, and Mr. Rakesh Singh, Executive Director and Chief Executive Officer – NBFC, Aditya Birla Capital Limited. The company emphasizes a proposition designed for convenience, transparency, and security, combining a branch-led model with digital capabilities. Ms. Mulye stated, “Our ambition is to build a differentiated franchise by combining the trust of the Aditya Birla brand, strong on-ground presence and technology-led convenience.” Mr. Singh added, “Our Gold Loan business is built around delivering a simple, secure and convenient borrowing experience through dedicated branches, seamless processes and robust digital capabilities.”
Financial Performance and Scale
As of September 30, 2026, ABCL’s consolidated lending book stands at ₹2.34 lakh crore. The NBFC business, a key growth engine for the company, reported a 26% year-on-year growth in Assets Under Management (AUM) to ₹1,76,557 crore in Q2 FY27. Disbursements increased by 12% year-on-year, and profit before tax saw a 41% year-on-year rise to ₹1,352 crore.
Source: BSE
