NEW DELHI, May 6 -- Aadhar Housing Finance Ltd is targeting more than 20% growth in assets under management (AUM) in FY27 as it advances towards Rs.50,000 crore over the next three years, saying West Asia tensions have no material impact on its loan book.

"We are closely monitoring customer behaviour, especially bounce rates across regions, but as of now there is no visible stress," managing director and chief executive officer Rishi Anand told Mint in an interview.

The company, backed by Blackstone which holds about a 65% stake following a recent fund rollover, primarily lends to low-income borrowers and has minimal exposure to income streams linked to overseas employment. Anand said non-resident Indian borrowers account for less than ...