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.
Hyderabad investor duped of Rs 2.8 cr in stock market fraud via fake IPO scheme
A Hyderabad man lost Rs 2.8 crore in a fake IPO scam after being lured through a Facebook ad and a fraudulent app called ASKMIN.