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Mc Explains Bandhan Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NCGTC audit report of Bandhan Bank s microloan book will be out soon, say sources

In Q4FY24, the bank wrote off Rs 3,852 crore to cover for the microloans that are under investigation by the NCGTC.

Chandra shekhar ghoshMc explains bandhan bankNational credit guarantee trust companyCredit guarantee fund for micro unitsBandhan bankGuarantee fundMicro unitsEmergency credit line guarantee schemeGuarantee scheme

NCGTC audit on Bandhan Bank s books should get over soon, says CEO Ghosh

The bank had taken insurance of the portfolio of Rs 20,800 crore under the Credit Guarantee Fund for Micro Units (CGFMU) scheme. The NCGTC has flagged that the loans were either evergreen or that the bank created fictitious accounts to obtain the maximum guarantee cover

Chandra shekhar ghoshCredit guarantee fund for micro unitsMc explains bandhan bankBandhan bankNational credit guarantee trust companyGuarantee fundMicro unitsEmergency credit line guarantee scheme

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