Loan growth set to improve: After 4 consecutive quarters of decline in sanctions and disbursements post-demonetisation, the same grew at a robust pace of 70.3% YoY and 30.9%, respectively (although on a lower base). Loan book grew 9.6% to 9,490 crore as on 31 Dec'17 with 81.1% contribution from Individual Home Loans. This is expected to improve further in Q4 with disbursements aimed at ~ 1,000 crore. Also, the management has guided a growth of ~20% in FY19E. Overall growth in Tamil Nadu and Kerala is low currently, however the same is expected to improve going ahead. Further, RHFL plans to expand more in other...