Aadhar Housing Finance targets Rs 25,000 crore in assets and plans significant expansion.
Aadhar Housing Finance, an affordable housing company, expects its Assets Under Management (AUM) to exceed Rs 25,000 crore by the end of the year, marking a 24% profit growth. To fund expansion, it plans to raise Rs 500 crore and explore external borrowing. The company aims to open 50 new branches within four months, adding to its current 545 branches across 21 states, serving over 277,000 accounts.
4 months ago
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