The company is expecting a 25% year-on-year growth in loan sales, reaching around Rs 27,000 crore this fiscal year. It closed the previous fiscal year with a loan book of Rs 21,000 crore and a net income of Rs 830 crore, which it expects to increase by 75% to Rs 1,300-1,400 crore. The microlender's managing director also mentioned that the asset quality has improved, with gross NPAs declining to 0.89% from 3.11% and net NPAs plunging to 0.27% from 1.15%.
source https://timesofindia.indiatimes.com/business/india-business/creditaccess-grameen-expects-around-25-growth-on-loan-sales-in-fy24/articleshow/102954805.cms
source https://timesofindia.indiatimes.com/business/india-business/creditaccess-grameen-expects-around-25-growth-on-loan-sales-in-fy24/articleshow/102954805.cms