Andromeda’s loan disbursals surge by 23% to Rs 75,397 cr in FY24

Andromeda Sales and Distribution, India’s leading loan distribution network, has recorded more than 23% growth in its loan disbursal business to Rs 75,397 crore during the Financial Year 2023-24, driven primarily by the stellar performance of the home loan segment. The home loan business surged to approximately Rs 33,918 crore in FY24, up by over 22% from Rs 27,798 crore in FY23.