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Asirvad Microfin AUM touches ₹3,000 crore

Thursday, December 13, 2018
The Hindu Business Line
 
Asirvad Microfinance, a subsidiary of Manappuram Finance, today announced that the company has reached a milestone of ₹3,000 crore in microfinance assets under manangement (AUM).
 
“Asirvad has been achieving an incremental ₹100 crore AUM for past five months consistently and is poised to reach ₹3,500 crore AUM by the end of the financial year,” said Raja Vaidyanathan, MD, Asirvad Microfinance. With 930 branches spread across 22 States, Asirvad caters to 1.6 million women members.
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