NBFCs’ low NPA numbers may hide bigger loan losses, investors should track write-offs: Deepak Shenoy
Low gross non-performing asset (NPA) numbers may not always give investors a complete picture of the health of a lender’s loan book, according to Deepak Shenoy, CEO of Capitalmind Mutual Fund. He said investors should also track loan write-offs, as large write-offs can make reported gross NPAs look…