Sunday, May 3, 2020

CKP Co-operative Bank has 97% NPAs; most to real estate developers

CKP Co-operative Bank has 97% NPAs; most to real estate developers Over the years, CKP Bank had built its business by lending to mostly small and mid-sized real estate developers in Mumbai, who did not pay back loans leading to a huge spike in NPAs.

from Moneycontrol Business News https://ift.tt/35qDszO

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