Poonawalla Fincorp Q2 Results: Stock falls 20% after sharp asset quality deterioration, provisions spike

October 25, 2024
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In a press release, Poonawalla Fincorp said that the Gross NPAs were higher during the quarter on account of higher slippages seen in the Short-term Personal Loan (STPL) portfolio.

Poonawalla Fincorp Q2 Results: Stock falls 20% after sharp asset quality deterioration, provisions spike

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