Aavas Financiers Ltd 2021 AR2
The report highlights Aavas Financiers Limited's performance and sustainability initiatives during the fiscal year 2020-21, marking its tenth year of operations. Despite the challenges of the COVID-19 pandemic, the company expanded its branch network to 280 branches across 11 states and grew its assets under management by 21%. Aavas continued its focus on financial inclusion by providing affordable housing loans to low- and middle-income self-employed customers in rural and semi-urban India. Additionally, the company partnered with the International Finance Corporation to develop green housing finance products and actively supported local communities through its CSR arm, the Aavas Foundation.
Company: Aavas Financiers Ltd
Sector: Finance & insurance
Country: India
Year: 2021
Type: AR2
Pages: 300
Aavas Financiers Ltd
The report highlights Aavas Financiers Limited's performance and sustainability initiatives during the fiscal year 2020-21, marking its tenth year of operations. Despite the challenges of the COVID-19 pandemic, the company expanded its branch network to 280 branches across 11 states and grew its assets under management by 21%. Aavas continued its focus on financial inclusion by providing affordable housing loans to low- and middle-income self-employed customers in rural and semi-urban India. Additionally, the company partnered with the International Finance Corporation to develop green housing finance products and actively supported local communities through its CSR arm, the Aavas Foundation.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees