NPAs To Move Up After Conversion Into Small Bank: Equitas

PUBLISHED ON: July 25, 2016 | Duration: 3 min, 44 sec

   
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HKN Raghavan, chief executive officer at Equitas Holding, says the gross NPA (non-performing assets) is likely to move up to 2.2 per cent of total assets against the current level of 1.64 per cent when it gets converted into a small finance bank. The NPA recognition period of the company will decrease from 120 days now to 90 days, he added.
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