Arohan Financial Services Limited | Annual Report 2021-22

196 | Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 41: Financial risk management (Contd.) (c) Concentration of loans (*) Particulars As at 31 March 2022 As at 31 March 2021 Micro finance loans 4,03,215.49 4,39,212.67 Micro, small and medium enterprise (MSME) 2,216.24 8,563.28 Secured term loans to corporates (#) 9,405.09 15,808.73 Total 4,14,836.82 4,63,584.68 (#) The secured term loans disbursed to corporates are all secured by book debts (*) The above figures represents the gross loan value along with interest accrued B) Liquidity risk Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities (other than derivatives) that are settled by delivering cash or another financial asset. The Company’s approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due. The Company maintains flexibility in funding by maintaining availability under committed credit lines. Management monitors the Company’s liquidity positions (also comprising the undrawn borrowing facilities) and cash and cash equivalents on the basis of expected cash flows. The Company also takes into account liquidity of the market in which the entity operates. (i) Financing arrangements The Company has access to the following funding facilities: As at March 31, 2022 Total facility Drawn Undrawn - Expiring within one year 1,00,000.00 65,000.00 35,000.00 Total 1,00,000.00 65,000.00 35,000.00 As at March 31, 2021 Total facility Drawn Undrawn - Expiring within one year 21,000.00 5,000.00 16,000.00 Total 21,000.00 5,000.00 16,000.00