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AUM up 17 per cent; profit from operations up 29 per cent
Funds to support expansion in smaller towns and housing loans
Net profit hits Rs 4.83 billion; retail disbursements up 31% YoY
Power Finance Corporation disburses loans worth ?327.70 billion
Strong growth in affordable housing finance.
This strategy aims to reduce the bank's elevated CD ratio to pre-merger levels.
The board of directors approved a dividend recommendation of 450% for FY 23-2024.
Company's Q3 FY24 Profit After Tax Reaches Rs 99.44 Crore
SECI Rebounds; Disbursements Surge
Plans to improve net interest margin and increase loan disbursements
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