Moneycontrol PRO

business

Expect NIM at 4% for FY11: Gruh Finance

In an exclusive interview with CNBC-TV18's Ekta Batra and Reema Tendulkar, Sudhin Choksey, Managing Director of Gruh Finance sees the Net Interest Margin for FY11 at around 4%. He also says that there has been 28% growth in oan assets and the disbursements have been to the tune of almost 71%.

first published: Jan 14, 2011 04:16 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347