Aavas Financiers Ltd.

focuses on affordable housing finance in Tier II/III towns with a predominantly self-employed customer base. ​ It runs a granular, high‑yield book with strong underwriting and low NPAs versus many peers. ​ High growth, high NIMs, and strong capital adequacy have led to superior ROA/ROE metrics. ​ Risks include rural/urban informal income volatility and rising competition in affordable housing.