Escorts Kubota Finance to Launch NBFC Operations on November 26
Mon, Nov 25, 2024 11:46 AM

Escorts Kubota Finance to Launch NBFC Operations on November 26

A Flip by Avya Verma
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Escorts Kubota Ltd stated that its wholly-owned subsidiary, Escorts Kubota Finance Ltd, has become operational as a NBFC from November 26, 2024. The NBFC will not accept public deposits, the firm said in its stock exchange filing. The revenues of Escorts Kubota for Q2 FY24 are at ₹2,488.5 crores, with the growth minimal to ₹2,478 crores against the same period last year.

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