 "Indian Rupee")
Poonawalla Fincorp Ltd's assets under management (AUM) rose by 17 per cent to Rs 16,575 crore in the financial year ended March 2022 (FY22). This was the first full financial year after Poonwalla group acquired ownership of the erstwhile Magma Fincorp Ltd second half of Fy21.
Sequentially, it rose by nine per cent over AUM at the end of December 2021. The finance company has set a target of having AUM of about Rs 45,000 crore by 2025.
The AUM for the housing finance subsidiary Poonawalla Housing Finance Limited crossed the Rs 5,000 crore milestone, PFL said in a statement.
The disbursements for
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