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LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%

LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%

by AIP Online Bureau | Dec 5, 2021 | Indian News, Life

The percentage of gross NPA is 7.78 percent while the net NPA is 0.05 percent at the end of March 2021. This is lower than gross NPA of 8.17 percent (as a percentage of its debt portfolio) and net NPA of 0.79 percent in the previous year Mumbai:Ahead of its proposed...

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