Credent Global Finance Ltd, formerly known as Oracle Credit Limited, is a non-banking financial company (NBFC) registered with the Reserve Bank of India since 1991. The company underwent a name change in August 2022, reflecting its strategic expansion and diversification in the financial services sector. It offers a range of services including money lending, securities dealings, loan syndication, and portfolio consultancy. In 2019, Credent Global Finance expanded its operations to include investment banking and acquired a mid-size real estate fund in 2021, enhancing its portfolio management capabilities.
In 2021, the company experienced a significant management shift when Aditya Vikram Kanoria and Mandeep Singh acquired a controlling interest from the previous promoters, initiating a mandatory open offer to public shareholders. This transition, formalized with RBI approval, marked a new phase for the company under the new promoters. With a professional management team and a broadened service offering, Credent Global Finance is poised for growth in the financial sector.
