# Godrej Finance buys Kanakadurga’s gold loan book for Rs 280 crore

2026-08-10T23:58:11+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Godrej Finance has acquired the gold loan business of Kanakadurga Finance, which includes a portfolio of Rs 280 crore in assets under management. The deal covers about 12,000 customers, 54 operational branches across Andhra Pradesh, and around 250 employees, according to Barandbench. Khaitan & Co advised Godrej Finance on the acquisition, with a team led by partner Shishir Vayttaden and Aditi Singhvi. SNG & Partners represented Kanakadurga Finance, led by partner Aditya Vikram Dua, handling regulatory and transition issues for the RBI-regulated lending business.

## Coverage

- barandbench.com <https://www.barandbench.com/dealstreet/sng-partners-advises-kanakadurga-finance-on-acquisition-of-its-gold-loan-business-by-godrej-finance>

Tags: acquisition, Godrej Finance, gold loan, Kanakadurga Finance, legal advisory, RBI
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