Mumbai, April 24: Reliance Home Finance Ltd (RHFL) on Tuesday said it closed last fiscal with 46 per cent increase in its total income.

In a statement issued here, the company said it has logged a total income of Rs 1,671 crore last fiscal, while the total assets under management stood at Rs 16,379 crore, an increase of 47 per cent over previous year.

For the year ended March 31, 2018, disbursements were Rs 8,695 crore - a year-on-year increase of 19 per cent.

"FY18 has been a great year. RHFL grew at a faster pace than the industry, and significantly improved profits, driven by our continued focus on operating efficiencies and, emphasis on self-employed customers and affordable housing, both of which have a very high growth potential," Ravindra Sudhalkar, ED & CEO, was quoted as saying in the statement.

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Mangaluru: Senior Financial Controller of Zayed Foundation in UAE, Abdulla Madumoole has been appointed President of SDM College Ujire Global Alumni Association.

The new Executive Committee elected Abdulla Madumoole as the President while Dr. Yashowarma was made Honorary President. Rajesha Bengrodi of Dubai is the new General Secretary of the committee while Dinesh Hegde –USA has been appointed the Vice President.

Among other office bearers are, Treasurer Roshan Pinto –Dubai, Secretary Kiran Kumar, Malaysia, and Secretary Information Technology Sharath Paligi – Germany.

Dr. Veerendra Heggade will be Patron of the SDMCU Global Alumni Association.

Mohammed Kutubuddin, Laxmikanth Muscat, Shruthi, Australia, Chetana Hegde Bahrain, Abdul Khadar Veerakamba are the new executive committee members of the association.

The association has lined up a series of activities that it will undertake to reach more alumni of the college and to organise webinars to connect with them.