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Latest Articles in Tourism And Finance Corporation of India

TFCI Continues Healthy Growth Trajectory For H1FY22 Witnessing 10.3% YoY PAT

With the vaccination drives being rolled out on a large scale across the country and a return to normalcy, the tourism financing institution has demonstrated resilience in H1FY22, with AUM at Rs. 1,911 crores and while maintaining healthy asset quality, GNPL drops below 1%, Successfully raised fresh capital of Rs. 65.18 crores.

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TFCI Q1 PAT Jumps 28% YoY To Rs 21 Cr

While the second wave of the pandemic impacted, not just the tourism sector, but also all other contact intensive businesses in the country, tourism financing institution was able to pave the way for a promising FY 22, with an 8 per cent growth in its AUM and a 10 per cent rise in Net Interest Income to Rs 1980 crore and Rs 32 crore respectively for the quarter ended June 30, 2021.

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