National Trust Housing Finance Ltd Information

National Trust Housing Finance Ltd. (NATRUST), a housing finance company head quartered at Chennai and having South India as its marketing focus. Incorporated in 1995 as a pioneer in Affordable Housing Finance, Natrust caters to the requirements of low to mid income salaried and self-employed customers who are in the affordable housing segment in Tier II and Tier III cities and towns. Natrust is professionally managed and has a competent team of housing finance experts backed by stellar Board of Directors. The company is a highly consistent profit making company with sound reserves and a regular dividend paying Company. Natrust is a financial institution recognized by the National Housing Bank, availing refinance facility. Besides, the company enjoys strong banking relationship major Scheduled Commercial Banks and Financial Institution. The company has excellent repayment track record with all the Banks / Financial Institution. Natrust has built upon a consistently high quality loan asset portfolio. Excellent appraisal mechanism, field investigation, efficient recovery system, etc. are hallmark qualities to the successful building of the organization. The Corporate Governance is of the highest order with highly qualified and experienced Directors on the Board. The external credit rating is carried out on an annual basis by India Rating, a Fitch Rating company. The Statutory is carried out by one of the leading audits firms in India. The Board has formed various committees to monitor the growth and performance of the company. The various committees that are actively functional are the Audit Committee, ALM Committee, Risk Management Committee, Management Committee, CSR Committee, Nomination and Remuneration Committee. A 100% promoter driven group with 40% equity stake held by Mercantile Ventures Limited, 33% by South India Travels Private Limited and the remaining 27% by Creso Asia Pte Ltd., a Singapore based company.