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IIFCL aims to be zero net NPA financial institution during FY25, says MD Jaishankar

By Economic Times - 6 months ago
IIFCL, the state-owned infrastructure financing firm, anticipates a loan growth of approximately 18% and targets reducing net non-performing assets (NPAs) to zero in the current fiscal year. Gross NPAs at India Infrastructure Finance Company Ltd (IIFCL) decreased to 1.61% in FY24 from 4.76% in the previous year.

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