Thanks Prakash, point taken. I would however like to draw your attention to the way Gruh has managed its risk of lending.
These figures are frm their website and are from 2005-06 to 2014-15. The net NPA has been around zero. NIM steadily above 4% and cost to income at 17% from a high of 28% in 2005-06. Is this not commendable?
Net NPAs to Loan Assets (%) 0 0 0.05 0 0 0 0 0 0 0.23
My point is they know whom to lend and whom to refuse, either frm the formal or informal sector, salaried or non salaried.
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