Andromeda’s loan disbursals rise 1.5 times to 38,462 crore in FY22

Retail loan distributor Andromeda on Thursday said its loan disbursals grew nearly 1.5 times during the last financial year to ₹38,462 crore on significant improvement in business climate, extensive use of technology and recovery in the housing segment For the last fiscal, loan disbursals (comprising home loans, loans against property, personal loans, business loans and others) rose to ₹38,462 crore from ₹15,575 crore at the end of 2020-21 fiscal.