
Vedika Capital
OtherVedika Credit Capital Ltd is a non-deposit-taking, non-banking finance company (NBFC-MFI) based in Ranchi, Jharkhand, India. Established in 1995, the company specializes in providing microfinance products such as joint liability group loans and individual loans, primarily assisting women borrowers across seven states in India.
In the quarter ending September 2024, Vedika Credit Capital reported a 91.94% increase in net profit, reaching ₹8.10 crore, compared to ₹4.22 crore in the same quarter of the previous year. Sales also rose by 16.31% to ₹61.46 crore during this period.