The group has invested a total of Rs 700 crore in the home loan company until August. Last year, we raised Rs 350 crore through convertible preference shares and this year we will raise Rs 500 crore, out of which Rs 200 crore has already come. "Since starting disbursing loans in 2009, the company's loan book has been growing at an annual rate of 45-50%. Its loan book had risen to Rs 15,300 crore at the end of August, up from Rs 13,000 crore in March. The ambition is to scale it up to Rs 30,000 crore by March 2018 and cross Rs 1lakh crore by 2022.
Source: Economic Times September 15, 2016 03:11 UTC