Results are out on NSE website. Appears they have made a large provision this quarter, even though RBI had extended relaxation in terms of classification of standard and non standard assets. Very conservative of them to do this. Yet to see data points on disbursements, NIM and asset quality.
- Small finance bank launch in Feb 1st week
- Nov & Dec disbursements stood at Rs 965 cr.
- Added 1.02 lk new borrowers in Q3, total borrowers at 35.83 lk