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Focus is on pure retail housing loans with average loan size of Rs 8.6 lakh.
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Rating upgrade by CRISIL to “CRISIL AA”, “IND AA” rating assignment by India Ratings, and rating upgrade by ICRA to “ICRA AA-”
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Joined hands with U.S. International Development Finance Corporation (DFC), world’s largest development finance institution. DFC has committed USD 50 mn as a long term loan (for 15 years @ fixed ROI) under ECB route.
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Disbursed Rs 167 Crores in Q1FY23, up 84% YoY
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Provided financial assistance to around 48,000 customers.
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Operates out of 106 locations in Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, Rajasthan, Tamil Nadu, Chhattisgarh, Telangana, Delhi, Haryana and Uttar Pradesh.
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Tier 1 CRAR robust at 50%.