Friday, December 16, 2022

Microfinance NPA at all time high of Rs 36,500 crore as loans restructured earlier showing stress

This translates into Rs 36,418 crore on gross non-performing assets, an all-time high. This is despite significant write-off of very sticky loans by lenders as a balance sheet cleaning tool.

source https://economictimes.indiatimes.com/industry/banking/finance/microfinance-npa-at-all-time-high-of-rs-36500-crore-as-loans-restructured-earlier-showing-stress/articleshow/96282600.cms

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