Czech-based NBFC Home Credit India is looking to expand operations in West Bengal by increasing distribution points by the end of December 2018.
Currently, the company has 560 distribution points in the state, a company official said. Home Credit started operations in West Bengal in 2016.
The official said that the expansion would be a mix of contiguous expansion and growth in existing locations across the state.
Home Credit, which mainly deals with consumer finance, would add 150 touch points in Kolkata to the existing 500, he said.
The company had identified West Bengal as a strategic market, he said, adding that Home Credit was giving loans at zero interest rates on majority of the mobile brands in Maharashtra.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app