52 per cent of Aptus Value's loan portfolio comes from Tamil Nadu, and past experiences of Repco and Can Fin Home suggest that slowdown in home states impact growth as well as profitability for regional HFCs.
source https://economictimes.indiatimes.com/industry/banking/finance/aptus-value-a-play-on-affordable-housing-but-ipo-not-cheap-analysts/articleshow/85178352.cms
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