AAVAS surpasses Rs 25,000 cr AUM milestone
AAVAS Financiers has crossed Rs. 25,000 crore milestone in Assets Under Management (AUM), marking a significant achievement in its journey of enabling homeownership and expanding access to formal housing finance across underserved and emerging markets.
Speaking on the occasion, Manu Singh, Managing Director & CEO said, ?Crossing Rs. 25,000 Crore in AUM is a proud and defining milestone for Aavas. However, the true measure of our success lies not merely in the size of our loan book, but the difference we have made in the lives of more than 3.8 lakh families who have placed their trust in us. This achievement belongs to our customers, our 7,500-plus colleagues, and the many stakeholders who have supported and believed in our journey. We express our sincere gratitude to the National Housing Bank, the Reserve Bank of India for its guidance and oversight; to our lending and financial partners for their continued confidence; to the rating agencies for their independent assessment and engagement; and to our investors and shareholders for their enduring trust and support. As we enter the next phase of our journey, our focus remains on building a stronger, more agile, technology-enabled, and customer centric institution. We are committed to scaling responsibly, maintaining the highest standards of governance and risk discipline, and taking affordable housing finance closer to every deserving Indian household. For us, this milestone is not a destination. It is a foundation for the opportunities and responsibilities that lie ahead.?