NPA, NPLs stable; job losses may lead to stress on NPL: Indiabulls Financial
Gagan Banga, CEO of Indiabulls Financial Services Ltd says that the company's non-performing asset (NPA) position has so far been good. "We had a strength of continuous 2 years of NPA reduction," he said. He further added that so as long as they are focusing on prime salaried section and prime self-employed segment, non-performing loans (NPL) should stay stable. However, job losses may lead to stress on NPLs going forward.
