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Founded in 2009, Northern Arc Capital Limited offers retail loans to underserved households and businesses in India.
Northern Arc disclosed its FY26 sustainability efforts. Key targets include ₹1,000 Cr climate finance, ₹4,000 Cr women entrepreneurship finance, and 15 new rural branches by 2030. The company met its ₹7.53 Cr CSR obligation. Noted a significant increase in investor and customer complaints. No fines or data breaches reported.
Northern Arc Capital and YES BANK formed a strategic partnership. NACL will leverage its originator network for YES BANK's credit deployment and integrate tech platforms. YES BANK will distribute NACL's investment products. This expands formal credit access, diversifies portfolios, and boosts asset growth for both.
Northern Arc Capital has submitted its Business Responsibility Sustainability Report for FY2024-25. The company, focused solely on Non-Banking Financial Services, reported a significant surge in customer complaints to 936, up from 91 in the prior year. Investments in capex for environmental and social impact notably dropped to 19% from 66%....
Northern Arc Capital has announced a board meeting to discuss its newly approved factoring business. With RBI permission to start invoice discounting and receivables management services, the company is set to diversify its financial offerings. This expansion enhances its ability to serve clients with short-term working capital needs, potentially boosting...
Northern Arc Capital trimmed its stake in FinReach Solutions from 24.55% to 11.16%, exiting associate status. It sold shares to Caspian SME Impact Fund IV for ₹2.5 Cr. FinReach posted a minor loss of ₹2.16 million last year, impacting Northern Arc by 0.68%. This move sharpens Northern Arc’s focus and...