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Confident of achieving FY12 target of Rs 4700cr: Future Cap

V Vaidyanathan, chairman and managing director, Future Capital in an interview to CNBC-TV18 said, the overall economic system credit growth has slowed down, but the company is well on track to achieve FY12 target of Rs 4,700 crore.

December 20, 2011 / 18:46 IST
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V Vaidyanathan, chairman and managing director, Future Capital in an interview to CNBC-TV18 said, the overall economic system credit growth has slowed down, but the company is well on track to achieve FY12 target of Rs 4,700 crore.

"For the half of year ending September we closed the books at Rs 3,800 crore and going to Rs 4,700 crore is not a problem," he said. He expects India's credit growth be 16-16.5% this year.

Further, the company is targetting a loan book of Rs 7,000 crore in FY13.

Below is the edited transcript of Vaidyanathan

TAGS: #BSE #Business #Future Capital #NCD #V Vaidyanathan
first published: Dec 20, 2011 02:00 pm

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