Equirus Group, a prominent financial services provider, has received regulatory approval from the Reserve Bank of India (RBI) to launch its new non-deposit-taking Non-Banking Financial Company (NBFC) — Equirus Finance. This strategic milestone marks a major expansion for the firm, enabling it to offer capital solutions through an integrated platform that complements its existing strengths in Wealth Management, Investment Banking, and Institutional Equities.
With the launch of Equirus Finance, the Group aims to enhance synergy across its business verticals, offering clients a seamless experience that combines advisory services with direct lending products. The NBFC will cater primarily to High-Net-Worth Individuals (HNIs), family offices, and corporate promoters, providing credit solutions through both the wealth management and investment banking arms.
Equirus Finance will introduce a range of lending offerings, including Loan Against Securities (LAS), ESOP financing, Market-Linked Debentures (MLDs), Structured Finance, and other bespoke secured credit products tailored to meet the evolving financial needs of its clientele.
Commenting on the approval, Amit Arora, COO & Managing Director of Equirus, stated, “The application review and approval process clearly articulated the rigorous diligence, constructive engagement, and professionalism from the team at Reserve Bank of India. We are happy for the trust & responsibility reposed in our 18-year track record in granting us this license.”
He added, “We have built our reputation on providing insightful advice to our clients; now, with Equirus Finance, we can complement that advice with fund-based services. This integration aligns perfectly with our vision of creating a unified ‘One Equirus’ experience for our clients, whereby the platform provides the capability of expert advisory insights backed by funding capabilities. We align thus move ahead on our Equirus 2.0 strategy of becoming India’s most trusted financial partner for entrepreneurs, corporates, and HNI families in India.”
Equirus Wealth currently manages assets worth over $2.2 billion. The new NBFC is designed to create a comprehensive financial ecosystem that includes investment advisory, portfolio management, and credit services—while maintaining a client-first, advisory-led philosophy.
Equirus Finance targets building a well-diversified loan book exceeding ₹3,000 crore in the coming years, focusing on high-value, relationship-driven lending rather than mass retail segments.