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22 Sep 2018, Edition - 1166, Saturday

FLASH NEWS:

  • Prasad said that the Congress has forgotten Bofors, 2G, and 3G and now he has the audacity of questioning the PM
  • Former Bishop Franco Mulakkal’s lawyer did not oppose custody
  • ‘Now this fertilizer plant will be symbolic of our success’, says PM Modi
  • PM Narendramodi lays foundation stone of Talcher Fertilizer Plant, addresses public meeting
  • 3 SPOs killed in Valley, India calls off talks with Pakistan
  • India third worst hit in world by terror, after Iraq and Afghanistan: US data
  • CBI chief Alok Verma, special director Rakesh Asthana in ugly public spat
  • Franco Mulakkal has been discharged from medical college
  • Sources suggest that Bishop Franco Mulakkal is likely to be arrested today
  • Terrorists abduct, kill three policemen in Kashmir

Coimbatore

Home Credit India Finance on massive expansion mode expanding to touch one lakh stores by 2020

Covai Post Network

Coimbatore : Home Credit India Finance Pvt Ltd, a leading non-banking financial company, aims to expand its presence across India by establishing 1 lakh stores in 497 cities by 2020, a senior company official said today.

The company has a strong network of over 20,000 points of sales stores at present in the country, where it services over 5 million customers through an employee base of over 19,000 in 100 cities in 20 States, Home Credit India Chief Sales Officer Artem Popov told reporters here.

The company also lined up ambitious plans in Tamil Nadu, targeting its PoS network to 2,000 from the present 700 by the end of 2018, he said. To support the expansion, the company plans to ramp up its employee base by hiring 100 more people next year, which would touch 500 from the current 390, Popov said.

In terms of products, it is currently offering zero per cent interest on 95 per cent of all mobile phones in Tamil Nadu and aims to launch zero per cent interest loans on various leading home appliance brands soon, he said. About Coimbatore, the PoS network will be more than doubled from the 150 to 400 by the end of this year, Popov added.

COIMBATORE WEATHER