Nbfc Chokhani Securities To Resume Commercial Ops From Jan; To Be Renamed Ugro Capital | Business Standard News
Non-banking finance company (NBFC) Chokhani Securities, controlled by former Religare group chief executive Shachindra Nath, is planning to resume full commercial operations from January and target small and medium enterprises (SMEs). The company is also in the process of renaming itself to Ugro Capital. Since December last, the company has been going slow on lending as its ownership was in transition. "We plan to restart active commercial operations from January.