The lender's asset quality improved year-on-year but slipped a bit sequentially. Saxena attributed this to the transition from monthly repayment to weekly repayment, which also led to a muted loan disbursement in October. Spandana's gross non-performing assets ratio stood at 1.6% at the end of December 2023 as compared with 5.3% a year ago. Gross NPA was 1.8% at the end of September 2023. Net NPA was 0.5% against 2.5% a year back.
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Kolkata , West Bengal , India , Shalabh Saxena , , Spandana Sphoorty Financial , Spandana Sphoorty Q3 Results , Spandana Sphoorty , Provision , Operating Profit , Nbfc Mfi ,
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