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Capri Global Housing to set up network with 200-plus branches

Friday, 21 Dec 2018

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Capri Global Housing Finance (CGHFL) a subsidiary of Capri Global Capital (CGCL), is targeting to cross Rs 7,000 crore by 2023 in assets under management (AUM) and achieve 29x growth over the next four years.

CGHFL is aligned to Prime Minister Narendra Modi’s mission to provide ‘Housing for All’ under the Pradhan Mantri Awas Yojana driven by UNDAP. CGHFL is engaged in servicing the underserved borrowers with a customized lending process driven by extensive quality checks and robust underwriting.

Capri Global Housing plans to set up a network with 200-plus branches by FY23. Currently, the company has strong presence in Northern and Western region and plans to expand the business in new geographies like Tamil Nadu, Karnataka and Andhra Pradesh.