It gives me a great pleasure to present the 22nd Annual Report of HastiFinance Limited.
Hasti Finance was founded in 1994. Your present management has taken the reins in theirhands in late 2010 with an mission to participate in the growth of the nation throughfinancial assistance to its core participants empowering the nations true wealthits people through personalized and business finance to growing enterprises andindividuals by becoming a leading finance company providing services to middle class &poor sectors of urban semi urban and rural India.
With the clear mission in our mind we have make every possible effort to create easeto the people such as lowering of interest rates cutting down on margins minimizingburden of penalty allowing moratorium for projects which have potential to grow in lateryears if allowed ease in their crucial period of establishing the potential projects.
During the Course of this journey I believe we have brought professionalism in termsof setting standards and ethics and organizational qualities to an industry largelydominated by unorganized players.
Your management is committed to growth and assured you improved performance ahead andwelook forward to your continuous support on this journey.
Nitin P. Somani