According to managing director, AK Guha, the company intends to disburse Rs1,000 crore of fresh housing loans in the fiscal 2007-08. It will also open eight new branches in various parts of the country in order to expand its housing loan portfolio and meet growing demands.

During fiscal 2006-07, its loan portfolio touched Rs2,000 crore, disbursals were at Rs600 crore, profit after tax was Rs50 crore and the company paid a dividend of 30 per cent on its expanded equity base.