Wednesday, January 27, 2021

Axis Bank to treat home loans of credit card defaulters as NPAs

From the lender’s perspective, a loan that is classified as a non-performing asset (NPA) would mean that the bank would have to take a hit on its earnings.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/axis-bank-to-treat-home-loans-of-credit-card-defaulters-as-npas/articleshow/80492859.cms

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