Aptus Clarifies NHB Funding Rate at 7.90%

Key Clarification

During the earnings call, management inadvertently stated that the rate of funding from the National Housing Bank (NHB) would be available in the range of approximately 8.20% to 8.30%. The company clarifies that this indicative rate was mentioned before applying any applicable concessions from NHB.

Corrected Information

Upon applying the applicable concessions, including those available for women borrowers, SC/ST borrowers, and based on the company rating, the effective rate offered by NHB would be in the range of around 7.90%.