Annual Report 2025-26
Over the past five years, Northern Arc has remained steadfast in executing its long-term strategy of Strengthen, Grow and Reimagine, building a diversified financial services institution while preserving the discipline and resilience that have defined the Company since inception.
Strengthen
We began by strengthening the foundations of our franchise. Our Credit Solutions business, the cornerstone of Northern Arc’s ecosystem, continued to deepen its reach by onboarding and managing 368 Originator Partners over the past five years and enabling cumulative credit of over INR 1 Lakh Crore. This strengthened ecosystem of originators, lenders and investors remains a differentiated competitive advantage for Northern Arc.
- 368Originator Partners
- INR 1 Lakh Crore+Cumulative credit enabled
- 5 yearsOf consistent execution
Grow
Building on this strong foundation, we focussed on growing our Direct-to-Customer lending franchise, drawing on the insights, data and underwriting expertise gained through its Originator Partner ecosystem. We expanded our digital partnerships to 57, scaled our Rural Finance network to 342 branches and built a dedicated MSME distribution franchise of 90 branches by FY26. These investments were complemented by continued strengthening of our technology platforms, proprietary underwriting models, analytics capabilities and collections infrastructure, creating a robust and scalable operating model for sustainable, risk-adjusted growth.
- 57Digital partnerships
- 342Rural Finance branches
- 90MSME branches
Reimagine
The third pillar of our strategy has been to reimagine how capital is originated, distributed and invested. Recognising the structural evolution of India’s financial markets, we expanded beyond traditional lending by building new platforms that connect diverse pools of capital with quality credit opportunities. Altifi, our digital retail fixed-income investment platform, has grown to over 95,000 registered investors, broadening retail participation in India’s debt markets. At the same time, our Fund Management business expanded through multiple Performing Credit Funds across AIF and PMS structures, providing sophisticated investment solutions for high-net-worth and institutional investors. Further, the Company has developed proprietary platforms, nPOS and NuScore, enhancing its technology-led underwriting and lending capabilities.
- 95,000+Altifi registered investors
- AIF & PMSPerforming Credit Funds
- nPOS & NuScoreProprietary platforms
Together, these initiatives reflect Northern Arc’s deliberate evolution into a comprehensive credit ecosystem where each business reinforces the others. The Credit Solutions platform generates insights that strengthen D2C lending, while the lending and investment platforms broaden access to capital and investment opportunities. This integrated and scalable model strengthens the Company’s competitive advantage and supports sustainable growth. Looking ahead, Northern Arc remains well positioned to create enduring value for its customers, partners, investors and shareholders.
