NEW DELHI, Nov. 9 -- As concerns mount over the potential impact of El Niño on rural incomes and borrowers' repayment capacity, Aadhar Housing Finance Ltd is counting on its limited exposure to vulnerable districts to cushion its loan book. Around 6% of its assets under management (AUM) is in districts identified as highly vulnerable to the weather phenomenon, managing director and chief executive officer Rishi Anand said in an interview with Mint.

Of the 80 districts identified as facing a potentially severe impact, the company has a presence in around 30, accounting for approximately 6% of its AUM, Anand said. It is closely monitoring collection trends and repayment behaviour in these regions but does not currently expect a signif...