Nations Trust Bank continued
to demonstrate its resilience in performance during the year. The loan
portfolio increased by LKR 26 billion recording a 12% growth during the first
six months of the year despite the challenging business environment.
While continuing to provide
working capital loans
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"The GLP for NBFC-MFIs in FY22, is expected to return to the growth path and register around 10-15 per cent growth due to a pick-up in disbursements owing to the expected recovery in economic activity, kickstarting of expansion plans that were halted due to the pandemic and increased need for credit among low-income segments," the rating agency said.
Microfinance loan portfolio to grow at 10-15%: Report thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.