Bandhan Bank CFO says the NPA portfolio has been reduced from almost Rs 8,700 crore to about Rs 4,700 crore. That particular clean-up exercise took place in March which took care of a large part of the book that was prior to the year FY2022 and earlier and brought gross NPA levels down to almost 3.8%. We still have further journey to climb on that particular front.
Bearish move or buying opportunity? Geojit’s Anand James on Nifty levels and top stocks to watch
Market volatility surged following a late-Friday sell-off, with MSCI rebalancing and global cues cited as triggers. Geojit Financial Services’ Anand James identifies key Nifty support