MAS Financial is on radar after the company's Q3 earnings. They have posted a strong growth and the asset quality has also improved. In an interview to CNBC-TV18, Mukesh Gandhi, Co-Founder & CFO of the company discussed their Q3 earnings.
MAS Financial have posted a strong growth in Q3 earnings and the asset quality has also improved. In an interview to CNBC-TV18, Mukesh Gandhi, Co-Founder and CFO of the company discussed the numbers.
Our asset under management (AUM) has grown 33 percent that is nine months compared to the previous year, said Gandhi.
He further said that within segments, small and medium enterprises (SME) has grown by 60 percent.
Talking about numbers, he said that net interest margin (NIM) is around 8 percent and going forward, we will be maintaining the return on asset to the tune of 2.25-2.5 percent.