We plan to grow our loan book by 30% annually for the very next few years. It is mentioned that, we think that the present pandemic situation which is the corona virus spelt for the disruption and is going to be temporary.
This impact will be limited to the first quarter to the current financial year (Q1FY22). We will be able to catch up in the subsequent quarters. We planned for the better growth of our loan book by 30% which was about for the next few years, as the covid disruption which would be for a temporary period.
Manoj Vishwanathan, the managing director and the chief executive officer of the lender, says that the corona virus has impacted the current financial year which was limited upto the first quarter.
Some customers were felt that they would like to conserve cash. In previous year, already there was an impact on livelihood of the people their, business, salaries. Because of which, people’s were struggled due to the present pandemic situation of corona virus.