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Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MD

viaeconomictimes.indiatimes.com1d ago
Rise in NPA is transitory, as borrowers take time to adjust to new rules, says Muthoot Finance MD
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…

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