Widely read:
Non-banking financial companies (NBFCs) in India are synonymous with high non-performing assets (NPAs). As per the Reserve Bank of India (RBI), their GNPA (gross non-performing assets) stood at 4.6 per cent as of September 2023.
Should you bet on this NBFC with zero NPAs and high growth?
01-Jun-2024 •Satyajit Sen Wealth Insight - Jun 2024
Non-banking financial companies (NBFCs) in India are synonymous with high non-performing assets (NPAs). As per the Reserve Bank of India (RBI), their GNPA (gross non-performing assets) stood at 4.6 per cent as of September 2023.
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