Loan recovery improving, says Ujjivan Small Finance Bank


Loan recovery improving, says Ujjivan Small Finance Bank

The bank said it is following a 100-day action plan for each business vertical with focus on PAR reduction and bad loan recovery with periodic monitoring and corrective action.

"The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital-to-risk weighted asset ratio) of the company and will be added to the regulatory equity capital of the company," Indiabulls Housing Finance said in a regulatory filing on Friday.


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