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Robust operational Growth. Strong legacy book run-down traction. Net worth grows to ~Rs 20,000 Crs. Subsidiary Sammaan Finserve reoriented as Affordable Housing Financier

Sammaan Capital Limited (SCL), previously known as Indiabulls Housing Finance Limited, has reported a strong operating performance for the first half of FY25, marked by a significant rise in cash collections from its legacy loan book. As of September 30, 2024, the company’s net worth surged to approximately Rs 20,000 crore, with the parent entity alone registering a rise of Rs 3,000 in its net worth. This increase in net worth translates to a rise in capital adequacy, which improved by ...

Robust operational Growth. Strong legacy book run-down traction. Net worth grows to ~Rs 20,000 Crs. Subsidiary Sammaan Finserve reoriented as Affordable Housing Financier

Source: PR Agency
2024-11-16 12:33:43 pm