Sammaan Capital to foray into high-yield loans

The development comes even as the non-banking financier pared down debt by paying off Asian credit company PAG's ₹1,500 crore last month. With that loan taken at "high teens" in 2022 now paid back, all high-cost loans taken after the 2018 IL&FS crisis have now been settled, which opens new avenues for business, Banga said.