About JBGO
Founded in 1990 by Shri Pradyuman Sinh Jadeja, JBGO began its journey as a humble steel trading venture and has since grown into one of Gujarat’s most respected diversified business groups.
Over the decades, the group expanded its footprint into the automobile sector, partnering with leading global automotive brands to establish South Gujarat’s largest dealership network, spanning Vadodara to Silvassa.
Driven by a philosophy of inclusive growth, trust, and innovation, JBGO has built a legacy that extends beyond business — one rooted in community impact, operational excellence, and forward-thinking leadership. Today, JBGO stands as a symbol of how vision and integrity can transform local enterprise into a powerhouse of regional progress.
Challenges
As JBGO’s operations expanded, so did the complexity of its banking ecosystem. With multiple entities, credit facilities, and partner banks, monitoring and managing borrowing costs became increasingly challenging.
Despite having a capable finance team, the absence of a centralized verification mechanism meant that interest overcharges and service fee discrepancies often went unnoticed. Over time, these small inconsistencies accumulated into significant financial leakage across the group’s portfolio — quietly eating into profits.
In short, “what wasn’t being measured was being lost”.
Our Strategic Approach
BankKeeping deployed a comprehensive audit and optimization framework across JBGO’s group banking facilities — covering term loans, overdrafts, and cash credit accounts with multiple banks.
Our team conducted data-driven reconciliations, comparing actual interest applications with sanctioned rates and regulatory benchmarks. Discrepancies and potential overcharges were identified, documented, and validated directly with the banks’ credit and operations teams.
In parallel, peer benchmarking was performed to compare JBGO’s existing rate structures against similar corporates — creating a powerful negotiation base for interest rate reductions and term revisions.
This dual-track approach—correction of errors plus proactive renegotiation—ensured immediate recoveries as well as long-term savings.
Results Delivered
BankKeeping’s review uncovered excess charges of approximately ₹30 lakhs across JBGO’s various group accounts. Beyond recovery, our intervention triggered an ongoing interest rate reduction of 1–2% on approximately ₹50 crore in outstanding limits, translating to potential annual savings of ₹50–75 lakhs.
These results reinforced one powerful truth:
“Every rupee saved on financing is a rupee earned for growth.”
Through transparent communication and strategic follow-up with each lender, JBGO not only recovered what was due but also established a structured cost-monitoring framework—a system that keeps banking expenses lean, predictable, and efficient.
How Bankkeeping optimizes your banking cost
With recoveries already realized and rate reductions underway, JBGO can now reinvest these savings into business expansion, technology upgrades, and employee development—powering its next wave of growth.
BankKeeping is more than a cost optimizer—it’s your strategic ally in detecting hidden financial inefficiencies, negotiating smarter credit terms, and building resilient, cost-effective banking systems that evolve with your business.
→ Optimize your banking costs today — Talk to BankKeeping.
