Mumbai, Aug. 19 -- Navi Ltd's rapid growth as a Unified Payments Interface (UPI) platform is helping power its arm Navi Finserv's ambition to expand its loan portfolio into segments beyond personal loans.

The parent's payments platform acts as a funnel for Navi Finserv's lending business, said its managing director and chief executive, Abhishek Dwivedi, adding that the aim is to offer products that Navi's customers need or currently seek from other lenders.

"That's (personal loans) the first product we picked up and started focusing on building it. Now the focus will be essentially on how we can get into more things," he said, adding that the plan is to now build "our muscle" in LAP before thinking about more product lines.

It plans to...