Equity raising critical for PNB Housing amid rising delinquencies: India Ratings

“The rise in NPAs is also because of a consistent decline in the loan portfolio especially the wholesale book since FY19,” the rating agency noted. “Stage 3 asset proportion is higher for the wholesale book (15.9%) than for the retail book (3.8%) in 1QFY22.”

from Banking/Finance-Industry-Economic Times https://ift.tt/3xXscaD