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Rise in NPA is due to change in regulation, says Muthoot Finance MD

Muthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowe...

Rise in NPA is due to change in regulation, says Muthoot Finance MD
Source: Economic Times - Companies

Muthoot Finance has indicated an increase in bad loans linked to evolving lending regulations that are affecting borrowers. The company expresses confidence that clients will gradually acclimate to the revamped monthly payment system. The managing director mentioned it is still too early to assess the regulation's overall influence on the industry.

SOURCE: Economic Times - Companies
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