Non-bank lender UGRO Capital's borrowing costs are higher than peers by 1.25 per cent, and the company will focus on reducing them in FY27, a top official has said. "Our focus is now to reduce our cost of borrowing. Our cost of borrowing is at least 1.25 per cent higher than that of our peers. So, the focus is to reduce that because if we don't reduce that, both the end customer, we cannot service well," the founder and managing director of small-business-focused lender, Sachindra Nath, told PTI. The company, which has grown its assets under management from around Rs 3,000 crore in 2020 to nearly Rs 15,000 crore in 2025, said the sharp expansion in recent years had necessitated higher liability mobilisation, impacting borrowing costs. "With the base now becoming large and growth expected to moderate, the demand for liabilities will also reduce. This will give us the flexibility to negotiate better rates," he said. He indicated that while its liability mix will broadly remain ...