Assets under management stood at Rs 31,226 crore as on December 31, 2020, compared with Rs 30,502 crore as on December 31, 2019.
TT Srinivasaraghavan, MD, said, “Compared to the scenario in the first two quarters of the year, Q3 saw a revival in most of our business segments, except M&HCVs. Passenger cars, tractors and construction equipment segments did particularly well in Q3.”
The net NPA (Stage III) of the company stood at 1.59% as against 2.79%.
The deposit base stood at Rs 4,112 crore, compared with Rs 3,722crore.
He said, “with the strong infrastructure push announced in the budget, we expect the growth momentum to pick up in the next few quarters.”