CANFINHOME2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member CANFINHOME2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares CANFINHOME 2020-04-01 2021-03-31 2020-10-19 INR Lakhs Half yearly Single segment HOUSING FINANCE 2020-07-01 2020-09-30 Unaudited Standalone 5240440000.00 0.00 0.00 13617000.00 0.00 0.00 0.00 0.00 5254057000.00 4047000.00 5258104000.00 0.00 0.00 0.00 149725000.00 3134506000.00 22779000.00 20815000.00 0.00 0.00 151055000.00 58761000.00 3537641000.00 1720463000.00 0.00 1720463000.00 462051000.00 -25740000.00 436311000.00 1284152000.00 0.00 0.00 0.00 0.00 1284152000.00 138000.00 1284290000.00 0.00 0.00 266331000.00 2 9.64 9.64 0.00 0.00 9.64 9.64 0.08 0.00 0.01 1. As required under Ind AS 109, the Company has developed a model to calculate expected credit losses (ECL). Summary results from this model indicates that the Company is carrying provisions in excess of the requirements. the Company is required to provide provisions as per prudential norms prescribed by NHB. The provisions held as per NHB norms are in excess of the provision required as per the ECL model.4.The Company has declared the 100% dividend for FY2019-20.6.In accordance with the RBI guidelines relating to COVID-19 Regulatory Package dated March 27, 2020, April 17, 2020, May 23, 2020 and clarification issued by RBI to Indian Bankers Association dated May 6, 2020 the Company has offered moratorium on the payment of instalments falling due between March 1, 2020 to August 31, 2020 to eligible borrowers. The moratorium period, has been excluded from the number of days past-due for the purpose of asset classification under Regulatory Income Recognition and Asset Classification norms (IRAC) as of September 30, 2020. As on September 30,2020, Company holds a provision of Rs. 7,289.45 lakhs, which is more than the requirement as per the aforesaid RBI Circulars on 'COVID-19 Regulatory Package.Amounts in SMA/overdue categories, where the moratorium/deferment was extended (As of March 31, 2020) Rs. 144463.68 Lakh ; Amount where asset classification benefits is extended (As of September 30, 2020/ March 31, 2020) Rs. 66,060.30 Lakhs; Provisions made during the quarter ended March 31, 2020 and June 30, 2020 Rs.7289.45 Lakh; Provisions adjusted during the respective accounting periods against slippages-NIL Residual provisions as of September 30, 2020 and March 31, 2020 in terms paragraph 6 of the circular Rs. 7289.45 Lakhs. 7. The Honourable Supreme Court in a writ petition by Gajendra Sharma Vs Union of India & Anr vide its interim order dated September 3, 2020 has directed that the accounts which were not declared NPA till August 31, 2020 shall not be declared NPA till further orders, pending disposal of the case by Supreme Court. Pursuant to the order, the Company has not declared any account as NPA, which was not declared as NPA till August 31, 2020 in accordance with the extant NHB Prudential norms on Income Recognition, Asset classification, and provisioning pertaining to advances. However, as a prudent measure the Company has created sufficient provisions in respect of these advances aggregating to Rs.1,300 lakhs. MOF, vide their communication F No 2/12/2020 BOA I, dated 23rd October 2020 have informed that, GOI has approved the Scheme for grant of exgratia payment of difference between compound interest and simple interest for six months ( March 1, 2020 to August 31, 2020) to borrowers having aggregate loan of not more than Rs 200 lakhs, that needs to be credited to the loan of account of such borrowers on or before November 05, 2020. Such amounts will be reimbursed to the lending insitution on filing of claim. Hence there will not be any impact on the financial position of the Company. Single segment 2020-04-01 2020-09-30 Unaudited Standalone 10461502000.00 0.00 0.00 16548000.00 0.00 0.00 0.00 0.00 10478050000.00 5098000.00 10483148000.00 0.00 0.00 0.00 287730000.00 6442757000.00 45850000.00 30419000.00 0.00 0.00 592444000.00 103007000.00 7502207000.00 2980941000.00 0.00 2980941000.00 874720000.00 -109480000.00 765240000.00 2215701000.00 0.00 0.00 0.00 0.00 2215701000.00 -1894000.00 2213807000.00 0.00 0.00 266331000.00 2 16.64 16.64 0.00 0.00 16.64 16.64 0.08 0.00 0.01 Other expenses 58761000.00 Other expenses 103007000.00 1302000.00 206288648000.00 241627000.00 42563000.00 208029160000.00 174616000.00 5166000.00 964893000.00 57198000.00 30586655000.00 149058563000.00 2852311000.00 1073969000.00 549808000.00 184178504000.00 1022838000.00 182106000.00 1204944000.00 138000.00 -1894000.00