SG Finserve gets RBI nod for factoring business

SG Finserve Limited announced today, December 17, 2025, that it has received approval from the Reserve Bank of India (RBI) to commence factoring business. This authorization is in accordance with the Factoring Regulation Act, 2011, and relevant directions issued by the RBI.

The approval, conveyed via a letter to both BSE Limited and the National Stock Exchange of India Ltd, is subject to certain additional conditions. The RBI has indicated these conditions will be communicated to SG Finserve separately in due course.

SG Finserve will comply with all communicated conditions and take the necessary steps to operationalize the factoring business under the applicable regulatory framework.