Repco Home Finance Aims To Maintain NPAs At Around 3%
  • WebDesk BTVI
  • Aug 19 2019

Repco Home Finance has posted a muted June quarter results, with profit rising marginally by 2 per cent to Rs 62 crore and gross NPAs at 4.20 per cent against 4 per cent in year-ago period. Speaking to BTVI, company's COO Yashpal Gupta, said the Q1 numbers were strong on most parameters barring NPAs. He aims to maintain NPAs at around 3 per cent. Gupta said the cost of funds have gone up, and the firm is in position to pass on all of it. Here's more.