In an interview with CNBC-TV18, BN Nayak, CFO of IFCI spoke about the latest happenings in his company and sector.
CNBC TV18
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In an interview with CNBC-TV18, BN Nayak, CFO of IFCI spoke about the latest happenings in his company and sector.
Shareholders have approved Rs 100 crore infusion into the company on March 7, 2018, he said.
Net non-performing assets (NPA) came down to 23 percent and we are hoping to improving asset quality next year, he added.
50 percent of the company’s gross NPAs is with National Company Law Tribunal (NCLT), said Nayak.
For full interview, watch accompanying video…
