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Broker call▼ Bearish for Indian equities
NBFCs’ low NPA numbers may hide bigger loan losses, investors should track write-offs: Deepak Shenoy
The brief
- Technical write-offs can remove bad loans from reported NPAs, understating lenders’ asset-quality problems
- Investors in Indian NBFCs should scrutinise write-offs alongside reported NPAs when assessing loan-loss risk
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