Aadhar HF eyes 55% rise in loan book

June 23, 2018 08:39 pm | Updated 08:39 pm IST - Coimbatore

Aadhar Housing Finance, an affordable housing finance company, is eyeing 55% growth in disbursements and loan book this financial year.

Deo Shankar Tripathi, managing director and chief executive officer of Aadhar Housing Finance, said here that the company ended 2017-2018 with ₹7,966 crore of total assets under management.

The company had 275 branches in 19 states and a customer base of 1.10 lakh. It planned to add 60 branches this year.

Almost, 75,000 new accounts are expected to be added by the end of March 2019 and efforts are on to help 20,000 of them benefit from the government’s subsidy for affordable housing. It also targeting at garnering ₹500 crore in deposits this year.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.