Question
What is the reported gross non-performing asset (NPA)
range for AHFCs?Solution
ICRA reports AHFCs maintain low gross NPAs in the range of 1.1–1.3%, indicating strong asset quality despite higher operational costs. This low default level, coupled with credit costs of ~0.3%, supports stable returns of 3.5–3.6% on managed assets.
DE JURE head of Union is?
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