ART Affordable Housing Finance (India) Ltd. | ... · Jaipur Gurugram Prashant(Officer...
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THE ARTied ART Affordable Housing Finance (India) Ltd. | www.arthfc.com VERSION 6.0 GURUGRAM, HARYANA |NOVEMBER - DECEMBER, 2017 Dear Team, As we enter the New Year with high spirits & positive approach, I take this opportunity to reflect over the last 365 days of 2017, which exited on an eventful & exciting note. From a 2 branch company in 2016, we are now present in over 40 plus locations. From a 100 odd employees mostly in Corporate office to over 300 employees spread across 6 states. From almost 1 to 2 cr. disbursals per month in July’16 to 30 cr. per month in Nov.’17, touching a peak of 710 logins & 430 sanctions - all this with virtually Zero NPA. From Rainbow to Digitization. From paper to paperless. From loss to profit. From RAAS to ART (Alliances, Relationships and Technology) the journey of transformation has just commenced. The hard work and effort, that has gone into this transition cannot be stated in a few words. No appreciation & gratitude is enough for the sacrifices you all have made. Unlike many others in the market, we are proud to create a sustainable competitive strength & advantage without aiming to be a fly by night company. We wish to go from one milestone to another, keeping sustainable systems & risks in mind. We are in for a marathon not a 100 meter race. I hope that all of us remember the ‘550 Cr’ pledge we took during ART-O-TSAV. We need to gun for this number in next 3 months, i.e last quarter. I am sure all of you will double , triple & quadruple the efforts and ensure that we emerge with flying colors, on the other side of March 2018, ticking 550 cr book size. My best wishes & support to all of you. Cheers... Awards Head Honchos MANAGEMENT SPEAK Highlights - Housing Finance Industry Mainak Chakrabortty Manager - Treasury “ART has contributed immensely towards both my professional and personal growth. Working with highly professional and experienced colleagues from diversified backgrounds have acted as catalyst to my professional exposure. The responsibilities I hold in Treasury department provides a diversified liability portfolio, which will be a positive step towards company’s vision to become the fastest growing tech-oriented HFC of the country. ” Murugappa Group’s Cholamandalam Investment and Finance Co Ltd plans to set up a housing finance company as it sees potential opportunities to grow in this business. The company’s Board approved setting up of a housing finance company as a subsidiary and approved necessary authorizations to make an application to the NHB, it said in a communiqué to stock exchanges. Source: The Hindu Business CRISIL Ratings have cautioned that delinquencies in the loan against property (LAP) market are set to rise 70 basis points to 3.3 per cent this fiscal. This is in view of the underlying risks stemming from moderating growth, intensifying competition and falling yields coming to the fore. Source: The Hindu Also, CRISIL commented that while banks would continue to do well in retail finance, they will grow fastest in the wholesale finance segment. Home loans, the largest business segment for non-banks, is expected to grow at a steady compounded annual growth rate of around 18 per cent over the next three fiscals, owing to sharper focus of housing finance companies on the self- employed customer segment and lower ticket sizes .. Source: ET #EmployeeSpeak PMAY PROGRESS Till now 36 states/Union Territories have signed MOU and 4313 cities have been selected to actively participate in PM’s ‘Housing for All’ mission. Andhra Pradesh tops the list in terms of total investment towards the project with total Rs. 31,113 Crs invested. Andhra Pradesh has grounded 1,71,002 houses and 21,470 houses have been completed. 16,470 households have already started living in their new homes. Puducherry (UT) is lowest in this list with Rs. 246 Cr. invested and 33 houses being completed and occupied. #ARTOTSAV “ “ On Ground Footing Branch Inauguration Star Performer (August’17) Star Performer (September’17) Amol (Collections Officer) Amol (Collections Officer) Kalyan Kalyan Abhishek (AM Ops.) Kalyan Ritika(Chief Manager) Ramchandra (RO) Gurugram Kalyan Maulik(BCM-Credit) Ahmedabad Kailash Chand (RM) Sohan (AM Ops.) Faridabad Gurugram Arun Singh (RM) Abhishek (CPA Ops.) Mayur Vihar Gurugram Amit Kumar (RO) Rakesh (Sr.Officer FCU) Mayur Vihar Gurugram Ajit Singh (RO) Shrish (DM Legal) Jaipur Gurugram Prashant(Officer Tech.) Gurugram Ghanshyam (RO) Surat Akshay (AM Tech.) Mumbai Abhishek (CPA Ops.) Gurugram Pratik (BCM Credit) Pune Lovepreet Singh (RM) Panipat Subhash (BCM Credit) Karnal Monika (MT Sales) Ahmedabad Sachin Agrawal (RM) Surat Naveen (AM Ops.) Minal M (AM Legal) Gurugram Pune Krishan Kumar (SM) Alwar Rajesh (RM) Jaipur Pranay (BCM Credit) Jaipur Deendayal (RO) Jaipur Performance Rating Performance Rating Deendayal (RO) Jaipur Rishi (AM MD Office) Gurugram Still looking for more company updates, with us on our Connect official pages: Social Media Inner Inner Circle Circle Inner Circle Ramchandra Anant (RO) Deepak (ExecutiveSales) Kalyan Rohtak Star Performer (October’17) Anand (Operations) Gurugram Vijay (RO) Karnal Salik Khan (MT Sales) Faridabad Tosif Maniyar (RM) Ahmedabad Deendayal (RO) Jaipur Pragnesh (BCM Cr.) Ahmedabad Deepak (Technical) Gurugram Prathamesh (Audit) Kalyan Sandeep (BCM Credit) Kalyan Performance Rating Ramchandra (RO) Kalyan Inner Circle Ankit (Accounts) Gurugram ART Premier League CLSS Customer Activity Airtel Marathon Diwali Puja Team Building ARTOTSAV DSA Certification
Transcript of ART Affordable Housing Finance (India) Ltd. | ... · Jaipur Gurugram Prashant(Officer...
THE ARTied
ART Affordable Housing Finance (India) Ltd. | www.arthfc.com
VERSION 6.0
GURUGRAM, HARYANA |NOVEMBER - DECEMBER, 2017
Dear Team,
As we enter the New Year with high spirits & positive approach, I take this opportunity to
reflect over the last 365 days of 2017, which exited on an eventful & exciting note. From a 2
branch company in 2016, we are now present in over 40 plus locations. From a 100 odd
employees mostly in Corporate office to over 300 employees spread across 6 states. From
almost 1 to 2 cr. disbursals per month in July’16 to 30 cr. per month in Nov.’17, touching a
peak of 710 logins & 430 sanctions - all this with virtually Zero NPA. From Rainbow to
Digitization. From paper to paperless. From loss to profit. From RAAS to ART (Alliances,
Relationships and Technology) the journey of transformation has just commenced. The hard
work and effort, that has gone into this transition cannot be stated in a few words. No
appreciation & gratitude is enough for the sacrifices you all have made. Unlike many others
in the market, we are proud to create a sustainable competitive strength & advantage
without aiming to be a fly by night company. We wish to go from one milestone to another,
keeping sustainable systems & risks in mind. We are in for a marathon not a 100 meter race. I
hope that all of us remember the ‘550 Cr’ pledge we took during ART-O-TSAV. We need to
gun for this number in next 3 months, i.e last quarter. I am sure all of you will double , triple &
quadruple the efforts and ensure that we emerge with flying colors, on the other side of
March 2018, ticking 550 cr book size. My best wishes & support to all of you. Cheers...
Awards
Head Honchos MANAGEMENT SPEAK
Highlights - Housing Finance Industry
Mainak Chakrabortty
Manager - Treasury
“ART has contributed immensely towards both my professional and
personal growth. Working with highly professional and experienced
colleagues from diversified backgrounds have acted as catalyst to my
professional exposure. The responsibilities I hold in Treasury
department provides a diversified liability portfolio, which will be a
positive step towards company’s vision to become the fastest growing
tech-oriented HFC of the country. ”
Murugappa Group’s Cholamandalam Investment and Finance Co
Ltd plans to set up a housing finance company as it sees potential
opportunities to grow in this business. The company’s Board
approved setting up of a housing finance company as a
subsidiary and approved necessary authorizations to make an
application to the NHB, it said in a communiqué to stock
exchanges. Source: The Hindu Business
CRISIL Ratings have cautioned that delinquencies in the loan
against property (LAP) market are set to rise 70 basis points to
3.3 per cent this fiscal. This is in view of the underlying risks
stemming from moderating growth, intensifying competition
and falling yields coming to the fore. Source: The Hindu
Also, CRISIL commented that while banks would continue to do
well in retail finance, they will grow fastest in the wholesale
finance segment. Home loans, the largest business segment for
non-banks, is expected to grow at a steady compounded annual
growth rate of around 18 per cent over the next three fiscals,
owing to sharper focus of housing finance companies on the self-
employed customer segment and lower ticket sizes .. Source: ET
#EmployeeSpeak
PMAY PROGRESS
Till now 36 states/Union Territories have signed MOU and
4313 cities have been selected to actively participate in
PM’s ‘Housing for All’ mission. Andhra Pradesh tops the
list in terms of total investment towards the project with
total Rs. 31,113 Crs invested. Andhra Pradesh has
grounded 1,71,002 houses and 21,470 houses have been
completed. 16,470 households have already started living
in their new homes. Puducherry (UT) is lowest in this list
with Rs. 246 Cr. invested and 33 houses being completed
and occupied.
#ARTOTSAV
“ “
On Ground Footing Branch Inauguration
Star Performer (August’17)
Star Performer (September’17)
Amol (Collections Officer)
Amol (Collections Officer)
Kalyan
Kalyan
Abhishek (AM Ops.) Kalyan
Ritika(Chief Manager)
Ramchandra (RO)
Gurugram
Kalyan
Maulik(BCM-Credit) Ahmedabad
Kailash Chand (RM)
Sohan (AM Ops.)
Faridabad
Gurugram
Arun Singh (RM)
Abhishek (CPA Ops.)
Mayur Vihar
Gurugram
Amit Kumar (RO)
Rakesh (Sr.Officer FCU)
Mayur Vihar
Gurugram
Lovepreet Singh (RM) KarnalSumit (RO) Faridabad
Sumit (RO) Faridabad
Ajit Singh (RO)
Shrish (DM Legal)
Jaipur
Gurugram
Prashant(Officer Tech.) Gurugram
Ghanshyam (RO) SuratAkshay (AM Tech.) Mumbai
Abhishek (CPA Ops.) Gurugram
Pratik (BCM Credit) Pune
Lovepreet Singh (RM) Panipat
Subhash (BCM Credit) Karnal
Monika (MT Sales) Ahmedabad
Sachin Agrawal (RM) Surat Naveen (AM Ops.)
Minal M (AM Legal)
Gurugram
Pune
Krishan Kumar (SM) Alwar
Rajesh (RM) Jaipur
Pranay (BCM Credit) Jaipur
Deendayal (RO) Jaipur
Performance Rating
Performance Rating
Deendayal (RO) Jaipur
Rishi (AM MD Office) Gurugram
Still looking for more company updates, with us on ourConnect
official pages: Social Media
Inner
Inner
Circle
Circle
InnerCircle
Ramchandra Anant (RO)
Deepak (Executive Sales)
Kalyan
Rohtak
Star Performer (October’17)
Anand (Operations) Gurugram
Vijay (RO) KarnalSalik Khan (MT Sales) Faridabad
Tosif Maniyar (RM) Ahmedabad
Deendayal (RO) Jaipur
Pragnesh (BCM Cr.) Ahmedabad
Deepak (Technical) Gurugram
Prathamesh (Audit) Kalyan
Sandeep (BCM Credit) Kalyan
Performance Rating
Ramchandra (RO) Kalyan
InnerCircle
Ankit (Accounts) Gurugram
ART Premier League
CLSS Customer Activity
Airtel Marathon
Diwali Puja
Team Building ARTOTSAV
DSA Certification
