Aadhar HF eyes 55% rise in loan book

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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.

Printable version | Jun 23, 2018 8:40:17 PM | http://www.thehindu.com/business/aadhar-hf-eyes-55-rise-in-loan-book/article24241994.ece