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Can Fin Homes to increase branch count to 85 by end of financial year: Report

17 Jul 2013 Evaluate

Can Fin Homes is reportedly planning to increase the number of branches to about 85 by the end of this financial year. The housing finance company’s branch network at the end of pervious fiscal stood at 69. The company is taking the above step to increase the market penetration in order to cater to the evolving needs of its existing customers and tapping a growing potential customer base in TIER II and III towns in the country.

The company has put in place certain facilities such as core banking platform in all branches due to which it expects to maintain a sustained growth in performance levels during this fiscal.

Can Fin Homes (CFHL) is promoted by Canara Bank in association with reputed financial institutions including HDFC and UTI. It was set up with the mission of promoting home ownership and increasing housing stock all over the country.

Can Fin Homes Share Price

868.75 10.10 (1.18%)
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