Profit

NBFCs saw better asset quality in Q3: Future Capital

PUBLISHED ON: January 27, 2012 | Duration: 6 min, 00 sec

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V Vaidyanathan, VC & MD of Future Capital Holdings Limited spoke to NDTV Profit on the Q3 results of Future capital, which saw a 290 per cent rise in profit after tax to Rs 29 crore. He said that asset quality of non-banking financial companies (NBFC) have improved in the last quarter. Gross non-performing assets (NPA) was at 0.04 per cent as compared to 0.27 per cent a year earlier, he said.
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