Articulation of next five-year target from a position of strength

Company
12 Dec 2023
5 Min read 
  • Spandana Sphoorty's management outlines vision, strategies for FY28.
  •  Targets include AUM of ~INR280b, customer base of ~6.2m.
  •  Plans to expand branch network, increase employee strength.
  •  Aims for credit costs <2%, RoA >4.5%, RoE >18% by FY28.
  •  Expects majority of disbursements/collections to move to weekly model.
  •  Introducing new products, but they will be a small portion of AUM mix.
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