Business Standard

FINANCE FIRM

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Vastu Housing Finance is present in 18 urban and semi-urban cities, with plans to expand to 25 in two-three months By March-end, the company will have disbursed loans of around ~200 crore and have around 250 employees on its rolls The company's customers, ranging from vegetable vendors to diamond workers, have an income of ~50,000 in large cities, ~35,000 in smaller cities and around ~25,000 in rural areas Over the next seven-10 years, the company aims to expand total assets under management to $2 billion (75 per cent in housing and 25 per cent in non-housing), with 200 branches and 2,500 employees

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