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Fusion Finance Q1 Results: Microfinance company reports Rs 36 crore loss versus profit a year ago
The lender's credit cost, which signals the share of provisions as a percentage of on-book loan portfolio, jumped to 3.38% for the quarter under review against 0.88% a year back. Its gross non-performing assets ratio rose to 5.46% at the end of June from 3.2% a year back.