Billionaire Poonawalla’s lender to double staff in growth blitz

Poonawalla Fincorp Ltd., led by CEO Arvind Kapil, plans to double its workforce and expand into new lending sectors, aiming to reach $17.7 billion in assets within five years. The company will add branches and offer loans for gold, used cars, and education, focusing on salaried employees at major Indian companies despite recent increased scrutiny on shadow banks.

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