Spotlight: How Actis-owned Profectus plans to revive growth after hitting a bump
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Spotlight: How Actis-owned Profectus plans to revive growth after hitting a bump

By Ajay Ramanathan

  • 06 Jan 2025
Pro
Spotlight: How Actis-owned Profectus plans to revive growth after hitting a bump
KV Srinivasan, executive director and CEO, Profectus

Profectus Capital Pvt. Ltd, an Indian non-banking finance company owned by British private equity firm Actis, is staring at a drop in profit for the current fiscal year as loan growth comes to a screeching halt and bad debts inch up.  The non-bank lender, however, has adjusted its business plan and ......

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