The private sector lender claimed twice from the credit guarantee fund for the micro units (CGFMU). After receiving the first tranche, it had applied for second tranche of CGFMU claim amounting to nearly Rs 1290 crore. NCGTC had done a preliminary sample audit on the application, and further decided to conduct a detailed audit for the CGFMU portfolio of FY 2020-21, the bank said Tuesday in a regulatory filing to stock exchanges.
ETMarkets PMS Talk | Rs 1 cr in April FY25 became Rs 1.38 cr: Here’s how Pawan Bharaddia is building wealth for investors
The foundation of our outperformance lies in disciplined, long-term investing in high-growth businesses. What’s critical to highlight is that the returns have primarily been driven