V Vaidyanathan, CMD of Capital First, says that there is no significant reason for the stock's price dipping 20% on Tuesday. The depreciation of the rupee has not affected the company's SME portfolio as of now, but it will now adopt a cautious approach.
In an interview to CNBC-TV18, V Vaidyanathan, chief managing director, Capital First denies any report that claims the company is seeking funds.
In an interview to CNBC-TV18, V Vaidyanathan, chairman and managing director of Future Capital Holdings says, Pantaloon's stake sale in the company is at an advanced stage. “It‘s the last stage is the best way to put it. You could look forward to some announcement sooner than later," he adds.
Future Capital Holdings is confident of achieving its asset base target of Rs 4,700 crore for FY13. V Vaidyanathan, chairman and managing director in an interview to CNBC-TV18 said: "Last year we closed our company with an asset base of about Rs 2,800 crore. We expect to be pretty much in line with the guideline we have set for ourselves."
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.
In an interview on CNBC-TV18, the Chairman and Managing Director of the company V Vaidyanathan says that interest rates have hurt the consumption story. "The larger point is it has probably affected investments more than consumption."