Consistent & Efficient Growth

Growth is always plotted along a horizontal time frame (X axis) where Y represents the vertical axis. The Y-axis shows consistency in delivering performance and continuing efficiency.

A significant indicator of GRUH’s consistency is its adherence to its original mission and mandate. Loans to individuals for purchase, repair or renovation have registered a constant increase and a sizeable jump of over 50 % in the last two years. When you move from a “profile of the customer’ to the profile of the properties’, you find that about 75 % of GRUH’s loans have gone to people who built their own homes. This is the real rural housing potential where there is huge unfulfilled hunger for shelter. GRUH has developed a comfort level of dealing with such borrowers. They actually construct, deal with Labour and buy services. Hence, the expertise is quite different from dealing with borrowers in urban areas who usually purchase a ready house or tenement.

It is from this perspective that GRUH’s smaller numbers make a big impression, especially when compared on vital parameters of growth, safety and consistent value addition.

Today both institutions have forged many trend-setting trails. And we pay tribute to this ‘young and youthful mind’ which refused to be overwhelmed by the odds.

As you see excerpts from the book in this year’s annual report, we invite you to recall the vision and determination of a man who changed the face of home ownership in India.

NO. OF STAFF MEMBERS, NO. OF BRANCHES & COST TO INCOME RATIO

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