Edelweiss, a leading NBFC, is planning to increase its SME (small and medium enterprise) branch network to 150 as compared to 25 from now and its home loan business locations to 100 from 57 at present. The company has plans to achieve strong growth in its retail segment and is also rolling out several digital initiatives to expand its business.
2017-02-10 :Edelweiss Financial registers 47 percent growth in its net profit in third quarter of FY17
Edelweiss Financial has reported a growth of 47 percent in its net profit at Rs. 155 crore during the third quarter of FY17 as compared to Rs. 106 crore for the corresponding period a year ago. The housing finance company also registered a healthy growth of 18 percent in its total income at Rs. 1,609 crore during the quarter as compared to Rs. 1,361 crore a year ago.
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