IFCI sets NPA recovery target of Rs 600 cr for Q4 FY17
"We intend to achieve targeted figure as we have identified 2-3 asset sales during the balance period of this fiscal," IFCI Deputy Managing Director Sanjeev Kaushik told PTI.
Gross NPAs of IFCI increased more than three-fold to 25.8% because of downgrading of certain standard accounts. Photo: Pixabay