Expect growth of around 30% in FY18: Capital First

Name: Expect growth of around 30% in FY18: Capital First
Uploaded: 2017-11-30T13:56:39+05:30
Description: We expect to close this financial year, FY18, with a loan book of anywhere between Rs 26,500-27,000 crore which will be 30 percent growth over the last financial year, V Vaidyanathan, Executive Chairman of Capital First said.

We expect to close this financial year, FY18, with a loan book of anywhere between Rs 26,500-27,000 crore which will be 30 percent growth over the last financial year, V Vaidyanathan, Executive Chairman of Capital First said.

CNBC-TV18

November 30, 2017 / 13:56 IST

Motilal Oswal is bullish on Capital First - they believe that the company has strong growth prospects.

In an interview with CNBC-TV18, V Vaidyanathan, Executive Chairman of Capital First discussed this particular report as well as the thesis of it.

We expect to close this financial year, FY18, with a loan book of anywhere between Rs 26,500-27,000 crore which will be 30 percent growth over the last financial year, he said.

According to him, demand in consumption sector is very strong.

Financial sector is set for a compounded growth from now on, he added.

For full interview, watch accompanying video...

CNBC-TV18

first published: Nov 30, 2017 01:56 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

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