Money & Banking

Repco net profit rises 57% in FY19

Our Bureau Chennai | Updated on May 15, 2019

Repco Micro Finance, promoted by Repco Bank, witnessed a 57 per cent growth in net profit at ₹45.34 crore in FY 2018-19. During the financial year, the micro lender’s outstanding loan book grew by 30 per cent to ₹907 crore, with a total income of ₹156 crore and net worth of ₹166 crore said a press statement from the company. The company, which operates through 90 branches in 33 districts of Tamil Nadu and in Puducherry, is targeting a business size of ₹1,300 crore..

Published on May 15, 2019

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