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Source: SEBI
Incred Holdings Limited is a diversified non-banking financial company (NBFC) primarily engaged in providing various financial services, including personal loans. The company operates through its wholly-owned subsidiary, InCred Financial Services Limited, which significantly contributes to its revenue.
The retail lending market in India is expected to grow significantly, with NBFCs likely to gain market share due to their focus on retail lending and financial inclusion efforts. The personal loans segment is projected to witness robust growth, driven by increasing demand for credit.