Capital India Finance Approves RemitX Forex Asset Transfer To Niyo

Board approved transferring certain RemitX Forex assets to Niyo’s Kanji Forex, subject to regulatory approvals, further simplifying the portfolio around MSME lending. Q1 FY27 standalone income rose 32% YoY, disbursements 36% and AUM 20%. Context: RemitX had been a recurring loss-making swing factor.