Spandana Sphoorty Financial Limited (NSEI:SPANDANA) is looking for acquisitions in NBFC. Managing Director and Chief Executive Shalabh Saxena, in an interview, said under the Spandana 2.0 plan the NBFC-MFI seeks to acquire a non-banking financial company to enhance its loan against property and small business portfolios through Criss Financial. Vision 2028 has two parts.

We will grow the microfinance business organically. But are also open to looking at options for growing the LAP and nano enterprise loan book through inorganic route, said Saxena. We will be looking at acquiring an NBFC.

But currently we are in talks with none.