NPA, NPLs stable; job losses may lead to stress on NPL: Indiabulls Financial

  • 10:04
  • Published On: January 16, 2012
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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.

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