HUDCO Targets for Zero NPA in 18 Months: CMD

HUDCO targets to become a zero non-performing asset company within 18 months by resolving major loans under NCLT and DRT. Currently, with a gross NPA of 1.88% and net NPA at 0.27%, HUDCO plans to raise $500 million from Japanese loans at competitive interest rates as part of its growth strategy.

HUDCO Targets for Zero NPA in 18 Months: CMD
HUDCO targets to become a zero non-performing asset company within 18 months by resolving major loans under NCLT and DRT. Currently, with a gross NPA of 1.88% and net NPA at 0.27%, HUDCO plans to raise $500 million from Japanese loans at competitive interest rates as part of its growth strategy.