Thanks, while going through there report yesterday, I also found this data.
This is such an opaque industry. We should have the knowledge of which companies they have extended loans to but we have no data available!! It looks cheap based on book value, but there is no way of knowing without full data available. There CEO claims book value is as real as it gets, can only increase from here, but how to trust those words, when he says he cant disclose which projects are stuck, how much loan is extended to whom? Who were these 20k crore of npa level 2 which are not there now!! Too many questions, very few answers.
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