Now that we have the quantum of exposure i will revisit the conversation
Is my assumption correct that if Fusion microfinance survives due to its rights issue than it has to payback the loans to SBI and idfc first.
Post successful rights issue the risk should move away from P&L of the lenders atleast and what happens with fusion stays with fusion.
Than we can say it is low risk.
Otherwise what are the other cases.
Can they ask banks to take a haircut.
If so
how much more NPA can idfc can have, maybe like 100 crores max for 343 crore loan.
100/150 crore provisioning i guess should be ok ( I am taking the liberty to consider that last quarter provisioning got nullified by the 600 cash added in books).
| Subscribe To Our Free Newsletter |
